First Trust Strategic Income ETF (NASDAQ:FDIV) Trading 0.1% Higher

Shares of First Trust Strategic Income ETF (NASDAQ:FDIV) traded up 0.1% during trading on Friday . The stock traded as high as $50.76 and last traded at $50.83, 1,757 shares changed hands during trading. A decline of 76% from the average session volume of 7,221 shares. The stock had previously closed at $50.76.

The stock’s 50-day moving average price is $50.10.

The business also recently declared a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 17th were issued a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date was Friday, June 14th.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cetera Advisors LLC purchased a new stake in shares of First Trust Strategic Income ETF during the 1st quarter valued at about $144,000. Northwest Wealth Management LLC boosted its holdings in shares of First Trust Strategic Income ETF by 9.5% during the 1st quarter. Northwest Wealth Management LLC now owns 11,959 shares of the company’s stock valued at $595,000 after acquiring an additional 1,042 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of First Trust Strategic Income ETF by 353.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 29,404 shares of the company’s stock valued at $1,360,000 after acquiring an additional 22,913 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of First Trust Strategic Income ETF by 73.1% during the 4th quarter. Jane Street Group LLC now owns 71,270 shares of the company’s stock valued at $3,297,000 after acquiring an additional 30,104 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of First Trust Strategic Income ETF by 0.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 68,567 shares of the company’s stock valued at $3,409,000 after acquiring an additional 297 shares during the last quarter.

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