First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Plans Dividend Increase – $0.08 Per Share

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) announced a monthly dividend on Tuesday, October 20th. Shareholders of record on Wednesday, October 21st will be paid a dividend of $0.0760 per share on Friday, October 30th. This represents a $0.91 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Wednesday, October 21st. This is a 1.3% increase from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.0750.

First Trust Low Duration Strategic Focus ETF Stock Down 0.3%

First Trust Low Duration Strategic Focus ETF stock traded down $0.05 during trading hours on Wednesday, hitting $18.46. 2,496 shares of the stock traded hands, compared to its average volume of 29,434. The firm’s 50 day moving average price is $18.67 and its 200-day moving average price is $18.83. First Trust Low Duration Strategic Focus ETF has a 1 year low of $18.37 and a 1 year high of $19.59.

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.