Citadel Advisors LLC Buys Shares of 41,613 First Trust Low Duration Strategic Focus ETF $LDSF

Citadel Advisors LLC purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSFFree Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 41,613 shares of the company’s stock, valued at approximately $786,000.

A number of other hedge funds have also modified their holdings of LDSF. Royal Bank of Canada boosted its position in First Trust Low Duration Strategic Focus ETF by 27.9% during the first quarter. Royal Bank of Canada now owns 1,654,575 shares of the company’s stock valued at $31,305,000 after purchasing an additional 360,432 shares during the last quarter. LPL Financial LLC increased its position in First Trust Low Duration Strategic Focus ETF by 25.5% in the 4th quarter. LPL Financial LLC now owns 1,404,096 shares of the company’s stock worth $26,896,000 after purchasing an additional 285,201 shares during the last quarter. Arax Advisory Partners acquired a new position in First Trust Low Duration Strategic Focus ETF in the 4th quarter worth about $10,352,000. Raymond James Financial Inc. increased its position in First Trust Low Duration Strategic Focus ETF by 13.0% in the 3rd quarter. Raymond James Financial Inc. now owns 340,534 shares of the company’s stock worth $6,511,000 after purchasing an additional 39,114 shares during the last quarter. Finally, Mariner LLC raised its stake in shares of First Trust Low Duration Strategic Focus ETF by 1.9% during the 4th quarter. Mariner LLC now owns 245,462 shares of the company’s stock worth $4,702,000 after purchasing an additional 4,590 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Trading Down 0.1%

Shares of First Trust Low Duration Strategic Focus ETF stock opened at $18.70 on Friday. First Trust Low Duration Strategic Focus ETF has a 52-week low of $18.69 and a 52-week high of $19.59. The stock has a 50-day simple moving average of $18.84 and a 200-day simple moving average of $18.93.

First Trust Low Duration Strategic Focus ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were issued a $0.075 dividend. This is an increase from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Friday, August 21st.

About First Trust Low Duration Strategic Focus ETF

(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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Want to see what other hedge funds are holding LDSF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSFFree Report).

Institutional Ownership by Quarter for First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

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