First Trust Low Duration Strategic Focus ETF $LDSF Shares Newly Purchased by Sigma Planning Corp

Sigma Planning Corp purchased a new position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 31,986 shares of the company’s stock, valued at approximately $589,000. Sigma Planning Corp owned approximately 0.37% of First Trust Low Duration Strategic Focus ETF as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in LDSF. Barrett & Company Inc. bought a new position in shares of First Trust Low Duration Strategic Focus ETF in the third quarter worth about $773,000. Envestnet Asset Management Inc. increased its holdings in shares of First Trust Low Duration Strategic Focus ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 93,559 shares of the company’s stock valued at $1,768,000 after purchasing an additional 568 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of First Trust Low Duration Strategic Focus ETF in the second quarter valued at approximately $161,000. Citadel Advisors LLC bought a new position in First Trust Low Duration Strategic Focus ETF in the 2nd quarter worth approximately $786,000. Finally, Western Wealth Management LLC bought a new position in First Trust Low Duration Strategic Focus ETF in the 1st quarter worth approximately $119,000.

First Trust Low Duration Strategic Focus ETF Stock Up 0.1%

NASDAQ:LDSF opened at $18.58 on Friday. The stock’s fifty day moving average price is $18.61 and its two-hundred day moving average price is $18.89. First Trust Low Duration Strategic Focus ETF has a 52-week low of $18.37 and a 52-week high of $19.59.

First Trust Low Duration Strategic Focus ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were paid a $0.0760 dividend. 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.