Larson Financial Group LLC Trims Stock Holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Larson Financial Group LLC lowered its holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 23.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,192 shares of the company’s stock after selling 4,428 shares during the period. Larson Financial Group LLC owned about 0.21% of First Trust Low Duration Strategic Focus ETF worth $266,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LDSF. Raymond James Financial Inc. bought a new position in First Trust Low Duration Strategic Focus ETF during the 4th quarter worth approximately $2,729,000. SRS Capital Advisors Inc. bought a new position in First Trust Low Duration Strategic Focus ETF during the 4th quarter worth approximately $12,070,000. Sanctuary Advisors LLC lifted its holdings in First Trust Low Duration Strategic Focus ETF by 4.7% during the 4th quarter. Sanctuary Advisors LLC now owns 160,120 shares of the company’s stock worth $3,012,000 after buying an additional 7,220 shares during the last quarter. Mutual Advisors LLC lifted its holdings in First Trust Low Duration Strategic Focus ETF by 342.9% during the 4th quarter. Mutual Advisors LLC now owns 178,173 shares of the company’s stock worth $3,351,000 after buying an additional 137,946 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in First Trust Low Duration Strategic Focus ETF during the 4th quarter worth approximately $480,000.

First Trust Low Duration Strategic Focus ETF Stock Up 0.1 %

NASDAQ:LDSF opened at $18.90 on Tuesday. The business’s 50 day moving average is $18.82 and its two-hundred day moving average is $18.92. First Trust Low Duration Strategic Focus ETF has a 52 week low of $17.70 and a 52 week high of $19.26.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date of this dividend was Friday, February 21st.

About First Trust Low Duration Strategic Focus ETF

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.