Citadel Advisors LLC Makes New $786,000 Investment in First Trust Low Duration Strategic Focus ETF $LDSF

Citadel Advisors LLC bought a new stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 41,613 shares of the company’s stock, valued at approximately $786,000. Citadel Advisors LLC owned 0.49% of First Trust Low Duration Strategic Focus ETF as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Royal Bank of Canada grew its holdings in shares of First Trust Low Duration Strategic Focus ETF by 27.9% during the first quarter. Royal Bank of Canada now owns 1,654,575 shares of the company’s stock valued at $31,305,000 after buying an additional 360,432 shares in the last quarter. LPL Financial LLC lifted its stake in First Trust Low Duration Strategic Focus ETF by 25.5% in the 4th quarter. LPL Financial LLC now owns 1,404,096 shares of the company’s stock worth $26,896,000 after acquiring an additional 285,201 shares in the last quarter. Arax Advisory Partners purchased a new stake in First Trust Low Duration Strategic Focus ETF in the 4th quarter worth about $10,352,000. Raymond James Financial Inc. boosted its position in First Trust Low Duration Strategic Focus ETF by 13.0% during the 3rd quarter. Raymond James Financial Inc. now owns 340,534 shares of the company’s stock worth $6,511,000 after acquiring an additional 39,114 shares during the period. Finally, Mariner LLC boosted its position in First Trust Low Duration Strategic Focus ETF by 1.9% during the 4th quarter. Mariner LLC now owns 245,462 shares of the company’s stock worth $4,702,000 after acquiring an additional 4,590 shares during the period.

First Trust Low Duration Strategic Focus ETF Stock Down 0.1%

NASDAQ:LDSF opened at $18.70 on Friday. First Trust Low Duration Strategic Focus ETF has a fifty-two week low of $18.69 and a fifty-two week high of $19.59. The stock’s 50-day moving average is $18.84 and its two-hundred day moving average is $18.93.

First Trust Low Duration Strategic Focus ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were issued a dividend of $0.075 per share. This is an increase from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Friday, August 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.