Capital Investment Advisory Services LLC Sells 1,650 Shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Capital Investment Advisory Services LLC trimmed its holdings in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 39.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,550 shares of the company’s stock after selling 1,650 shares during the period. Capital Investment Advisory Services LLC’s holdings in First Trust Low Duration Strategic Focus ETF were worth $48,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. NBC Securities Inc. bought a new stake in First Trust Low Duration Strategic Focus ETF in the third quarter valued at approximately $114,000. Creative Financial Designs Inc. ADV increased its stake in First Trust Low Duration Strategic Focus ETF by 6.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 13,827 shares of the company’s stock valued at $261,000 after purchasing an additional 839 shares in the last quarter. International Assets Investment Management LLC bought a new stake in First Trust Low Duration Strategic Focus ETF in the fourth quarter valued at approximately $451,000. Cambridge Investment Research Advisors Inc. bought a new stake in First Trust Low Duration Strategic Focus ETF in the third quarter valued at approximately $543,000. Finally, Raymond James & Associates increased its stake in First Trust Low Duration Strategic Focus ETF by 104.2% in the fourth quarter. Raymond James & Associates now owns 40,175 shares of the company’s stock valued at $757,000 after purchasing an additional 20,504 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Price Performance

Shares of NASDAQ:LDSF opened at $18.51 on Friday. First Trust Low Duration Strategic Focus ETF has a 52 week low of $17.70 and a 52 week high of $19.14. The company has a 50 day moving average price of $18.69 and a two-hundred day moving average price of $18.63.

First Trust Low Duration Strategic Focus ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 24th will be paid a $0.0655 dividend. This represents a $0.79 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend is Tuesday, April 23rd.

First Trust Low Duration Strategic Focus ETF 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.