Royal Bank of Canada Has $31.30 Million Stock Position in First Trust Low Duration Strategic Focus ETF $LDSF

Royal Bank of Canada increased its stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 27.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,654,575 shares of the company’s stock after acquiring an additional 360,432 shares during the period. Royal Bank of Canada owned about 19.58% of First Trust Low Duration Strategic Focus ETF worth $31,305,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Jane Street Group LLC grew its stake in First Trust Low Duration Strategic Focus ETF by 6.4% in the second quarter. Jane Street Group LLC now owns 15,619 shares of the company’s stock valued at $297,000 after purchasing an additional 935 shares in the last quarter. TD Capital Management LLC raised its stake in shares of First Trust Low Duration Strategic Focus ETF by 100.2% during the 4th quarter. TD Capital Management LLC now owns 2,098 shares of the company’s stock worth $40,000 after purchasing an additional 1,050 shares in the last quarter. RFG Advisory LLC boosted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 4.3% in the 1st quarter. RFG Advisory LLC now owns 40,821 shares of the company’s stock valued at $772,000 after buying an additional 1,677 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 18.5% in the 4th quarter. Osaic Holdings Inc. now owns 15,052 shares of the company’s stock valued at $288,000 after buying an additional 2,346 shares during the last quarter. Finally, CWM LLC boosted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 50.0% in the 4th quarter. CWM LLC now owns 7,921 shares of the company’s stock valued at $152,000 after buying an additional 2,641 shares during the last quarter.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of LDSF opened at $18.83 on Tuesday. First Trust Low Duration Strategic Focus ETF has a 1-year low of $18.75 and a 1-year high of $19.59. The company’s fifty day simple moving average is $18.89 and its 200 day simple moving average is $19.00.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were given a $0.074 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Tuesday, July 21st.

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.