Jacobi Capital Management LLC Boosts Stock Holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Jacobi Capital Management LLC raised its holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF – Get Rating) by 69.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,328 shares of the company’s stock after purchasing an additional 9,940 shares during the period. Jacobi Capital Management LLC’s holdings in First Trust Low Duration Strategic Focus ETF were worth $472,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. purchased a new position in shares of First Trust Low Duration Strategic Focus ETF in the first quarter worth about $25,000. FSB Premier Wealth Management Inc. bought a new position in shares of First Trust Low Duration Strategic Focus ETF in the fourth quarter valued at approximately $29,000. Capital Investment Advisory Services LLC boosted its position in shares of First Trust Low Duration Strategic Focus ETF by 244.4% in the first quarter. Capital Investment Advisory Services LLC now owns 3,100 shares of the company’s stock valued at $60,000 after acquiring an additional 2,200 shares during the period. CWM LLC bought a new position in shares of First Trust Low Duration Strategic Focus ETF in the fourth quarter valued at approximately $100,000. Finally, Acorn Financial Advisory Services Inc. ADV bought a new position in shares of First Trust Low Duration Strategic Focus ETF in the first quarter valued at approximately $211,000.

First Trust Low Duration Strategic Focus ETF Stock Performance

LDSF stock opened at $18.97 on Friday. The firm has a 50 day moving average of $18.85 and a 200-day moving average of $19.25. First Trust Low Duration Strategic Focus ETF has a 12 month low of $18.54 and a 12 month high of $20.32.

First Trust Low Duration Strategic Focus ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 29th. Stockholders of record on Friday, July 22nd were given a $0.043 dividend. This is a positive change from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.04. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date was Thursday, July 21st.