First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Update

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 500 shares, a drop of 95.6% from the December 15th total of 11,300 shares. Based on an average trading volume of 33,100 shares, the short-interest ratio is presently 0.0 days.

First Trust Low Duration Strategic Focus ETF Stock Up 0.4 %

Shares of First Trust Low Duration Strategic Focus ETF stock traded up $0.07 on Wednesday, hitting $18.77. 6,013 shares of the company’s stock traded hands, compared to its average volume of 28,035. The company has a fifty day moving average of $18.84 and a two-hundred day moving average of $18.93. First Trust Low Duration Strategic Focus ETF has a one year low of $17.70 and a one year high of $19.26.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.072 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust Low Duration Strategic Focus ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cedrus LLC increased its position in First Trust Low Duration Strategic Focus ETF by 14.7% in the 3rd quarter. Cedrus LLC now owns 512,084 shares of the company’s stock valued at $9,812,000 after buying an additional 65,677 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of First Trust Low Duration Strategic Focus ETF by 4.3% during the second quarter. Commonwealth Equity Services LLC now owns 80,740 shares of the company’s stock valued at $1,509,000 after acquiring an additional 3,292 shares in the last quarter. Axxcess Wealth Management LLC raised its position in shares of First Trust Low Duration Strategic Focus ETF by 2.1% during the second quarter. Axxcess Wealth Management LLC now owns 288,458 shares of the company’s stock worth $5,391,000 after purchasing an additional 5,888 shares during the period. Sanctuary Advisors LLC raised its position in shares of First Trust Low Duration Strategic Focus ETF by 41.1% during the third quarter. Sanctuary Advisors LLC now owns 152,900 shares of the company’s stock worth $2,877,000 after purchasing an additional 44,572 shares during the period. Finally, MML Investors Services LLC lifted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 24.0% in the 3rd quarter. MML Investors Services LLC now owns 166,795 shares of the company’s stock worth $3,196,000 after purchasing an additional 32,275 shares in the last quarter.

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.