Altus Wealth Group LLC Buys New Shares in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Altus Wealth Group LLC purchased a new stake in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,659 shares of the company’s stock, valued at approximately $238,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. bought a new stake in shares of First Trust Low Duration Strategic Focus ETF in the third quarter valued at about $146,000. Ameritas Advisory Services LLC acquired a new position in First Trust Low Duration Strategic Focus ETF in the 4th quarter valued at approximately $480,000. Sowell Financial Services LLC bought a new stake in shares of First Trust Low Duration Strategic Focus ETF in the 4th quarter worth approximately $2,564,000. Raymond James Financial Inc. acquired a new stake in shares of First Trust Low Duration Strategic Focus ETF during the 4th quarter worth approximately $2,729,000. Finally, Sanctuary Advisors LLC increased its position in shares of First Trust Low Duration Strategic Focus ETF by 41.1% during the third quarter. Sanctuary Advisors LLC now owns 152,900 shares of the company’s stock valued at $2,877,000 after purchasing an additional 44,572 shares during the period.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of NASDAQ LDSF opened at $18.88 on Friday. First Trust Low Duration Strategic Focus ETF has a one year low of $17.70 and a one year high of $19.26. The business has a fifty day simple moving average of $18.82 and a 200 day simple moving average of $18.91.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.58%. The ex-dividend date was Friday, February 21st.

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.