First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Shares Sold by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC reduced its position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 79.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,695 shares of the company’s stock after selling 49,489 shares during the period. Kraft Davis & Associates LLC’s holdings in First Trust Low Duration Strategic Focus ETF were worth $239,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LDSF. Cetera Advisors LLC bought a new position in shares of First Trust Low Duration Strategic Focus ETF in the first quarter valued at $330,000. Raymond James & Associates grew its holdings in shares of First Trust Low Duration Strategic Focus ETF by 5.0% in the 2nd quarter. Raymond James & Associates now owns 69,891 shares of the company’s stock worth $1,306,000 after acquiring an additional 3,314 shares during the last quarter. Cedrus LLC raised its position in shares of First Trust Low Duration Strategic Focus ETF by 16.9% during the second quarter. Cedrus LLC now owns 446,407 shares of the company’s stock worth $8,343,000 after purchasing an additional 64,637 shares during the period. EdgeRock Capital LLC purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF during the second quarter valued at $36,000. Finally, Cambridge Investment Research Advisors Inc. increased its stake in First Trust Low Duration Strategic Focus ETF by 311.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 137,438 shares of the company’s stock worth $2,569,000 after purchasing an additional 104,028 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Stock Performance

NASDAQ LDSF opened at $18.90 on Wednesday. First Trust Low Duration Strategic Focus ETF has a 1 year low of $17.70 and a 1 year high of $19.26. The stock’s 50-day moving average price is $19.02 and its two-hundred day moving average price is $18.89.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were issued a $0.072 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.57%.

First Trust Low Duration Strategic Focus ETF Company Profile

The First Trust Low Duration Strategic Focus ETF (LDSF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds. Holdings consist of short-term fixed income securities, primarily from US issuers LDSF was launched on Jan 3, 2019 and is managed by First Trust.