Arax Advisory Partners Acquires Shares of 540,407 First Trust Low Duration Strategic Focus ETF $LDSF

Arax Advisory Partners acquired a new stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 540,407 shares of the company’s stock, valued at approximately $10,352,000. Arax Advisory Partners owned approximately 6.76% of First Trust Low Duration Strategic Focus ETF at the end of the most recent quarter.

Several other large investors have also bought and sold shares of LDSF. International Assets Investment Management LLC purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF during the 4th quarter valued at $101,000. CWM LLC increased its position in shares of First Trust Low Duration Strategic Focus ETF by 50.0% during the 4th quarter. CWM LLC now owns 7,921 shares of the company’s stock valued at $152,000 after purchasing an additional 2,641 shares during the last quarter. Truist Financial Corp purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF during the 3rd quarter valued at $194,000. Kovack Advisors Inc. purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF during the 4th quarter valued at $272,000. Finally, Geneos Wealth Management Inc. increased its position in shares of First Trust Low Duration Strategic Focus ETF by 200.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 14,820 shares of the company’s stock valued at $282,000 after purchasing an additional 9,880 shares during the last quarter.

First Trust Low Duration Strategic Focus ETF Price Performance

Shares of First Trust Low Duration Strategic Focus ETF stock opened at $18.94 on Friday. First Trust Low Duration Strategic Focus ETF has a 1 year low of $18.77 and a 1 year high of $19.59. The stock has a fifty day moving average price of $18.96 and a 200-day moving average price of $19.07.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were given a dividend of $0.074 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.