D.A. Davidson & CO. Has $1.68 Million Stock Holdings in First Trust Low Duration Strategic Focus ETF $LDSF

D.A. Davidson & CO. lowered its stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 1.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 88,132 shares of the company’s stock after selling 980 shares during the period. D.A. Davidson & CO. owned approximately 1.32% of First Trust Low Duration Strategic Focus ETF worth $1,675,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in LDSF. Ameritas Advisory Services LLC acquired a new position in First Trust Low Duration Strategic Focus ETF during the 2nd quarter worth approximately $113,000. Cetera Investment Advisers raised its position in shares of First Trust Low Duration Strategic Focus ETF by 3.4% during the first quarter. Cetera Investment Advisers now owns 33,963 shares of the company’s stock worth $641,000 after purchasing an additional 1,106 shares during the period. Raymond James Financial Inc. lifted its holdings 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 worth $3,142,000 after purchasing an additional 21,113 shares in the last quarter. Mutual Advisors LLC grew its position in First Trust Low Duration Strategic Focus ETF by 20.2% in the 1st quarter. Mutual Advisors LLC now owns 214,095 shares of the company’s stock valued at $4,030,000 after purchasing an additional 35,922 shares during the period. Finally, Royal Bank of Canada increased its stake in First Trust Low Duration Strategic Focus ETF by 55.1% during the 1st quarter. Royal Bank of Canada now owns 555,610 shares of the company’s stock valued at $10,484,000 after purchasing an additional 197,326 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Stock Performance

LDSF opened at $19.15 on Monday. The company’s fifty day moving average price is $19.13 and its two-hundred day moving average price is $18.98. First Trust Low Duration Strategic Focus ETF has a 1-year low of $18.56 and a 1-year high of $19.29.

First Trust Low Duration Strategic Focus ETF Cuts Dividend

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

About First Trust Low Duration Strategic Focus ETF

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.