SRS Capital Advisors Inc. Invests $12.07 Million in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

SRS Capital Advisors Inc. acquired a new position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 643,026 shares of the company’s stock, valued at approximately $12,070,000. SRS Capital Advisors Inc. owned 9.53% of First Trust Low Duration Strategic Focus ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in shares of First Trust Low Duration Strategic Focus ETF during the third quarter worth about $146,000. Axxcess Wealth Management LLC boosted its position in shares of First Trust Low Duration Strategic Focus ETF by 3.9% during the third quarter. Axxcess Wealth Management LLC now owns 299,813 shares of the company’s stock worth $5,744,000 after buying an additional 11,355 shares during the period. Mutual Advisors LLC raised its holdings in First Trust Low Duration Strategic Focus ETF by 342.9% during the fourth quarter. Mutual Advisors LLC now owns 178,173 shares of the company’s stock worth $3,351,000 after acquiring an additional 137,946 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in 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 acquiring an additional 44,572 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in First Trust Low Duration Strategic Focus ETF by 24.0% during the third quarter. MML Investors Services LLC now owns 166,795 shares of the company’s stock worth $3,196,000 after acquiring an additional 32,275 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Trading Up 0.3 %

LDSF opened at $18.94 on Friday. First Trust Low Duration Strategic Focus ETF has a 52-week low of $17.70 and a 52-week high of $19.26. The business’s 50-day simple moving average is $18.80 and its 200 day simple moving average is $18.92.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a dividend of $0.072 per share. The ex-dividend date was Friday, February 21st. This represents a $0.86 annualized dividend and a yield of 4.56%.

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.