BB&T Securities LLC Takes $217,000 Position in First Trust Strategic Income ETF (FDIV)

BB&T Securities LLC acquired a new position in shares of First Trust Strategic Income ETF (NASDAQ:FDIV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,423 shares of the company’s stock, valued at approximately $217,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada raised its holdings in First Trust Strategic Income ETF by 4.6% in the 1st quarter. Royal Bank of Canada now owns 234,160 shares of the company’s stock valued at $11,500,000 after acquiring an additional 10,367 shares in the last quarter. UBS Group AG raised its holdings in First Trust Strategic Income ETF by 34.8% in the 1st quarter. UBS Group AG now owns 170,827 shares of the company’s stock valued at $8,389,000 after acquiring an additional 44,079 shares in the last quarter. Jane Street Group LLC raised its holdings in First Trust Strategic Income ETF by 57.8% in the 1st quarter. Jane Street Group LLC now owns 123,238 shares of the company’s stock valued at $6,052,000 after acquiring an additional 45,140 shares in the last quarter. LPL Financial LLC raised its holdings in First Trust Strategic Income ETF by 2.3% in the 1st quarter. LPL Financial LLC now owns 107,490 shares of the company’s stock valued at $5,279,000 after acquiring an additional 2,445 shares in the last quarter. Finally, Cornerstone Wealth Management LLC acquired a new position in First Trust Strategic Income ETF in the 2nd quarter valued at approximately $1,179,000.

First Trust Strategic Income ETF stock opened at $49.07 on Thursday. First Trust Strategic Income ETF has a 12 month low of $46.88 and a 12 month high of $52.20.

The company also recently declared a monthly dividend, which will be paid on Friday, September 28th. Shareholders of record on Monday, September 17th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Friday, September 14th. This represents a $2.52 annualized dividend and a yield of 5.14%.

See Also: Return on Investment (ROI)

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Institutional Ownership by Quarter for First Trust Strategic Income ETF (NASDAQ:FDIV)

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