Capital Asset Advisory Services LLC Has $5.60 Million Position in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Capital Asset Advisory Services LLC lessened its stake in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 0.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 298,388 shares of the company’s stock after selling 1,777 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in First Trust Low Duration Strategic Focus ETF were worth $5,599,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in LDSF. Mutual Advisors LLC boosted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 342.9% in the fourth quarter. Mutual Advisors LLC now owns 178,173 shares of the company’s stock valued at $3,351,000 after buying an additional 137,946 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of First Trust Low Duration Strategic Focus ETF in the second quarter valued at approximately $2,008,000. Cedrus LLC boosted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 14.7% in the third 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 during the period. Proactive Wealth Strategies LLC acquired a new position in shares of First Trust Low Duration Strategic Focus ETF in the third quarter valued at approximately $779,000. Finally, MML Investors Services LLC boosted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 24.0% in the third quarter. MML Investors Services LLC now owns 166,795 shares of the company’s stock valued at $3,196,000 after buying an additional 32,275 shares during the period.

First Trust Low Duration Strategic Focus ETF Trading Up 0.3 %

First Trust Low Duration Strategic Focus ETF stock opened at $18.77 on Monday. First Trust Low Duration Strategic Focus ETF has a twelve month low of $17.70 and a twelve month high of $19.26. The company has a 50 day moving average of $18.82 and a 200-day moving average of $18.93.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a yield of 4.60%. The ex-dividend date is Wednesday, January 22nd.

First Trust Low Duration Strategic Focus ETF 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.