154,674 Shares in First Trust Low Duration Strategic Focus ETF $LDSF Purchased by StoneX Group Inc.

StoneX Group Inc. bought a new position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 154,674 shares of the company’s stock, valued at approximately $2,849,000. StoneX Group Inc. owned approximately 1.80% of First Trust Low Duration Strategic Focus ETF as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Western Wealth Management LLC bought a new stake in shares of First Trust Low Duration Strategic Focus ETF in the first quarter valued at approximately $119,000. Integrated Wealth Concepts LLC acquired a new stake in First Trust Low Duration Strategic Focus ETF during the second quarter worth approximately $161,000. MGO One Seven LLC acquired a new stake in First Trust Low Duration Strategic Focus ETF during the third quarter worth approximately $419,000. Sigma Planning Corp bought a new position in First Trust Low Duration Strategic Focus ETF during the 3rd quarter worth $589,000. Finally, Commonwealth Equity Services LLC bought a new position in First Trust Low Duration Strategic Focus ETF during the 3rd quarter worth $637,000.

First Trust Low Duration Strategic Focus ETF Price Performance

Shares of NASDAQ LDSF opened at $18.61 on Monday. The business has a fifty day moving average price of $18.58 and a two-hundred day moving average price of $18.88. First Trust Low Duration Strategic Focus ETF has a fifty-two week low of $18.37 and a fifty-two week high of $19.59.

First Trust Low Duration Strategic Focus ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were issued a dividend of $0.0760 per share. This is an increase from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.0750. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $0.91 annualized dividend and a dividend yield of 4.9%.

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.