First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) to Issue $0.07 Monthly Dividend

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) announced a monthly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be given a dividend of 0.074 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Thursday, June 25th.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of LDSF stock traded down $0.06 on Thursday, reaching $18.91. 23,025 shares of the stock were exchanged, compared to its average volume of 29,942. The business’s 50 day moving average price is $18.96 and its 200 day moving average price is $19.06. First Trust Low Duration Strategic Focus ETF has a twelve month low of $18.77 and a twelve month high of $19.59.

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.