Sowell Financial Services LLC Invests $2.56 Million in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Sowell Financial Services LLC acquired a new position in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 136,578 shares of the company’s stock, valued at approximately $2,564,000.

Other hedge funds have also recently made changes to their positions in the company. SRS Capital Advisors Inc. bought a new stake in First Trust Low Duration Strategic Focus ETF during the 4th quarter valued at $12,070,000. Axxcess Wealth Management LLC raised its holdings in First Trust Low Duration Strategic Focus ETF by 3.9% during the 3rd quarter. Axxcess Wealth Management LLC now owns 299,813 shares of the company’s stock valued at $5,744,000 after buying an additional 11,355 shares during the last quarter. Mutual Advisors LLC raised its holdings in First Trust Low Duration Strategic Focus ETF by 342.9% during the 4th quarter. Mutual Advisors LLC now owns 178,173 shares of the company’s stock valued at $3,351,000 after buying an additional 137,946 shares during the last quarter. MML Investors Services LLC raised its holdings in First Trust Low Duration Strategic Focus ETF by 24.0% during the 3rd quarter. MML Investors Services LLC now owns 166,795 shares of the company’s stock valued at $3,196,000 after buying an additional 32,275 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in First Trust Low Duration Strategic Focus ETF by 4.7% during the 4th quarter. Sanctuary Advisors LLC now owns 160,120 shares of the company’s stock valued at $3,012,000 after buying an additional 7,220 shares during the last quarter.

First Trust Low Duration Strategic Focus ETF Trading Up 0.2 %

NASDAQ:LDSF opened at $18.89 on Monday. The company has a fifty day moving average of $18.81 and a 200 day moving average of $18.92. First Trust Low Duration Strategic Focus ETF has a 52 week low of $17.70 and a 52 week high of $19.26.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a $0.072 dividend. The ex-dividend date was Friday, February 21st. This represents a $0.86 annualized dividend and a yield of 4.57%.

First Trust Low Duration Strategic Focus ETF Company 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.