First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Shares Acquired by Cedrus LLC

Cedrus LLC increased its position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 14.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 512,084 shares of the company’s stock after acquiring an additional 65,677 shares during the quarter. First Trust Low Duration Strategic Focus ETF makes up approximately 3.6% of Cedrus LLC’s holdings, making the stock its 6th biggest holding. Cedrus LLC owned approximately 0.08% of First Trust Low Duration Strategic Focus ETF worth $9,812,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LDSF. Axxcess Wealth Management LLC lifted its stake in shares of First Trust Low Duration Strategic Focus ETF by 2.1% during the 2nd quarter. Axxcess Wealth Management LLC now owns 288,458 shares of the company’s stock worth $5,391,000 after purchasing an additional 5,888 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in First Trust Low Duration Strategic Focus ETF by 311.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 137,438 shares of the company’s stock worth $2,569,000 after buying an additional 104,028 shares during the period. Sanctuary Advisors LLC purchased a new position in First Trust Low Duration Strategic Focus ETF during the second quarter worth about $2,008,000. Commonwealth Equity Services LLC boosted its stake in First Trust Low Duration Strategic Focus ETF by 4.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 80,740 shares of the company’s stock worth $1,509,000 after buying an additional 3,292 shares during the last quarter. Finally, Raymond James & Associates grew its holdings in First Trust Low Duration Strategic Focus ETF by 5.0% in the 2nd quarter. Raymond James & Associates now owns 69,891 shares of the company’s stock valued at $1,306,000 after buying an additional 3,314 shares during the period.

First Trust Low Duration Strategic Focus ETF Trading Up 0.1 %

Shares of LDSF stock opened at $19.05 on Friday. The firm’s 50-day simple moving average is $19.08 and its 200-day simple moving average is $18.84. First Trust Low Duration Strategic Focus ETF has a 1-year low of $17.70 and a 1-year high of $19.26.

First Trust Low Duration Strategic Focus ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a yield of 4.54%. The ex-dividend date of this dividend was Thursday, September 26th.

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.