Capital Investment Advisory Services LLC Has $48,000 Holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Capital Investment Advisory Services LLC cut its holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 39.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,550 shares of the company’s stock after selling 1,650 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in First Trust Low Duration Strategic Focus ETF were worth $48,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of LDSF. Commonwealth Equity Services LLC increased its holdings in shares of First Trust Low Duration Strategic Focus ETF by 7.2% during the third quarter. Commonwealth Equity Services LLC now owns 67,238 shares of the company’s stock valued at $1,233,000 after acquiring an additional 4,538 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in shares of First Trust Low Duration Strategic Focus ETF during the third quarter valued at approximately $543,000. NBC Securities Inc. bought a new stake in shares of First Trust Low Duration Strategic Focus ETF during the third quarter valued at approximately $114,000. Mutual Advisors LLC increased its holdings in shares of First Trust Low Duration Strategic Focus ETF by 2.1% during the third quarter. Mutual Advisors LLC now owns 227,605 shares of the company’s stock valued at $4,174,000 after acquiring an additional 4,662 shares in the last quarter. Finally, Axxcess Wealth Management LLC bought a new stake in shares of First Trust Low Duration Strategic Focus ETF during the third quarter valued at approximately $6,351,000.

First Trust Low Duration Strategic Focus ETF Stock Performance

NASDAQ LDSF opened at $18.51 on Friday. First Trust Low Duration Strategic Focus ETF has a 52 week low of $17.70 and a 52 week high of $19.14. The business has a 50 day moving average price of $18.69 and a 200-day moving average price of $18.63.

First Trust Low Duration Strategic Focus ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th will be issued a dividend of $0.0655 per share. The ex-dividend date is Tuesday, April 23rd. This represents a $0.79 annualized dividend and a dividend yield of 4.25%.

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.