First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Update

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSFGet Free Report) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 8,481 shares, a decrease of 39.7% from the June 30th total of 14,060 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 15,005 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On First Trust Low Duration Strategic Focus ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LDSF. Jane Street Group LLC boosted its stake in shares of First Trust Low Duration Strategic Focus ETF by 6.4% during the 2nd quarter. Jane Street Group LLC now owns 15,619 shares of the company’s stock valued at $297,000 after buying an additional 935 shares during the period. TD Capital Management LLC increased its stake in shares of First Trust Low Duration Strategic Focus ETF by 100.2% in the fourth quarter. TD Capital Management LLC now owns 2,098 shares of the company’s stock worth $40,000 after acquiring an additional 1,050 shares during the last quarter. RFG Advisory LLC raised its holdings in shares of First Trust Low Duration Strategic Focus ETF by 4.3% during the first quarter. RFG Advisory LLC now owns 40,821 shares of the company’s stock worth $772,000 after acquiring an additional 1,677 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of First Trust Low Duration Strategic Focus ETF by 18.5% during the fourth quarter. Osaic Holdings Inc. now owns 15,052 shares of the company’s stock worth $288,000 after acquiring an additional 2,346 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of First Trust Low Duration Strategic Focus ETF by 50.0% during the fourth quarter. CWM LLC now owns 7,921 shares of the company’s stock worth $152,000 after acquiring an additional 2,641 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Stock Down 0.1%

Shares of LDSF stock traded down $0.02 during midday trading on Friday, reaching $18.81. 15,300 shares of the company were exchanged, compared to its average volume of 28,883. The company’s 50 day moving average price is $18.90 and its two-hundred day moving average price is $19.00. First Trust Low Duration Strategic Focus ETF has a 12 month low of $18.75 and a 12 month high of $19.59.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be issued a dividend of $0.074 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a c) annualized dividend and a yield of 4.7%.

First Trust Low Duration Strategic Focus ETF Company Profile

(Get Free Report)

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.

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