First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) to Issue Monthly Dividend of $0.07

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) declared a monthly dividend on Tuesday, January 20th. Investors of record on Wednesday, January 21st will be paid a dividend of 0.073 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, January 21st. This is a 2.8% increase from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.07.

First Trust Low Duration Strategic Focus ETF Trading Down 0.3%

LDSF traded down $0.05 during trading hours on Wednesday, hitting $19.13. The company’s stock had a trading volume of 2,143 shares, compared to its average volume of 43,311. First Trust Low Duration Strategic Focus ETF has a 12 month low of $18.56 and a 12 month high of $19.29. The business’s 50-day moving average price is $19.16 and its 200-day moving average price is $19.11.

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.