41,969 Shares of First Trust Low Duration Strategic Focus ETF $LDSF Acquired by Barrett & Company Inc.

Barrett & Company Inc. bought a new stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) during the 3rd quarter, Holdings Channel.com reports. The fund bought 41,969 shares of the company’s stock, valued at approximately $773,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Royal Bank of Canada increased its stake in First Trust Low Duration Strategic Focus ETF by 27.9% during the 1st quarter. Royal Bank of Canada now owns 1,654,575 shares of the company’s stock valued at $31,305,000 after purchasing an additional 360,432 shares in the last quarter. Sanctuary Advisors LLC raised its stake in shares of First Trust Low Duration Strategic Focus ETF by 38.8% during the 1st quarter. Sanctuary Advisors LLC now owns 232,698 shares of the company’s stock worth $4,403,000 after buying an additional 65,050 shares during the period. Citadel Advisors LLC purchased a new position in First Trust Low Duration Strategic Focus ETF during the second quarter valued at $786,000. Integrated Wealth Concepts LLC acquired a new position in shares of First Trust Low Duration Strategic Focus ETF during the second quarter valued at approximately $161,000. Finally, Western Wealth Management LLC acquired a new stake in First Trust Low Duration Strategic Focus ETF during the 1st quarter worth $119,000.

First Trust Low Duration Strategic Focus ETF Stock Up 0.2%

Shares of LDSF opened at $18.52 on Friday. First Trust Low Duration Strategic Focus ETF has a 52-week low of $18.37 and a 52-week high of $19.59. The stock has a fifty day simple moving average of $18.64 and a two-hundred day simple moving average of $18.82.

First Trust Low Duration Strategic Focus ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st will be paid a dividend of $0.0760 per share. This represents a $0.91 annualized dividend and a yield of 4.9%. This is a boost from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.0750. The ex-dividend date of this dividend is Wednesday, October 21st.

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.