First Trust Low Duration Strategic Focus ETF $LDSF Shares Sold by Private Trust Co. NA

Private Trust Co. NA reduced its stake in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 15.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,994 shares of the company’s stock after selling 546 shares during the period. Private Trust Co. NA’s holdings in First Trust Low Duration Strategic Focus ETF were worth $57,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new stake in First Trust Low Duration Strategic Focus ETF during the second quarter valued at approximately $113,000. Creative Financial Designs Inc. ADV lifted its position in shares of First Trust Low Duration Strategic Focus ETF by 20.2% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 21,679 shares of the company’s stock valued at $409,000 after acquiring an additional 3,640 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of First Trust Low Duration Strategic Focus ETF by 3.4% in the 1st quarter. Cetera Investment Advisers now owns 33,963 shares of the company’s stock valued at $641,000 after acquiring an additional 1,106 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of First Trust Low Duration Strategic Focus ETF by 9.3% in the 1st quarter. D.A. Davidson & CO. now owns 89,112 shares of the company’s stock valued at $1,682,000 after acquiring an additional 7,585 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of First Trust Low Duration Strategic Focus ETF by 14.5% in the 1st quarter. Raymond James Financial Inc. now owns 166,519 shares of the company’s stock valued at $3,142,000 after acquiring an additional 21,113 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of NASDAQ:LDSF opened at $19.13 on Friday. First Trust Low Duration Strategic Focus ETF has a 52 week low of $18.56 and a 52 week high of $19.29. The firm has a 50 day simple moving average of $19.13 and a 200 day simple moving average of $18.98.

First Trust Low Duration Strategic Focus ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be given a $0.0727 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Tuesday, October 21st.

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.