Larson Financial Group LLC Trims Position in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Larson Financial Group LLC lowered its holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 19.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,620 shares of the company’s stock after selling 4,448 shares during the period. Larson Financial Group LLC owned 0.28% of First Trust Low Duration Strategic Focus ETF worth $357,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in LDSF. EdgeRock Capital LLC purchased a new stake in First Trust Low Duration Strategic Focus ETF in the 2nd quarter valued at about $36,000. Creative Financial Designs Inc. ADV grew its holdings in First Trust Low Duration Strategic Focus ETF by 12.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 16,666 shares of the company’s stock valued at $319,000 after purchasing an additional 1,858 shares during the period. Cetera Advisors LLC acquired a new position in First Trust Low Duration Strategic Focus ETF during the first quarter worth approximately $330,000. Proactive Wealth Strategies LLC purchased a new position in First Trust Low Duration Strategic Focus ETF during the third quarter worth approximately $779,000. Finally, Raymond James & Associates raised its stake in First Trust Low Duration Strategic Focus ETF by 5.0% during the second quarter. Raymond James & Associates now owns 69,891 shares of the company’s stock worth $1,306,000 after purchasing an additional 3,314 shares during the period.

First Trust Low Duration Strategic Focus ETF Price Performance

Shares of NASDAQ LDSF opened at $18.86 on Wednesday. The firm has a fifty day moving average of $18.98 and a 200-day moving average of $18.90. 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 Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date is Thursday, November 21st.

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.