88,873 Shares in First Trust Low Duration Strategic Focus ETF $LDSF Bought by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated acquired a new position in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 88,873 shares of the company’s stock, valued at approximately $1,699,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its holdings 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 worth $297,000 after purchasing an additional 935 shares during the period. Capital Asset Advisory Services LLC increased its stake in First Trust Low Duration Strategic Focus ETF by 1.2% in the 3rd quarter. Capital Asset Advisory Services LLC now owns 283,708 shares of the company’s stock worth $5,424,000 after purchasing an additional 3,306 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of First Trust Low Duration Strategic Focus ETF by 10.5% during the second quarter. Cetera Investment Advisers now owns 37,530 shares of the company’s stock valued at $713,000 after acquiring an additional 3,567 shares during the period. Ameritas Advisory Services LLC acquired a new position in First Trust Low Duration Strategic Focus ETF in the 2nd quarter worth approximately $113,000. Finally, MML Investors Services LLC grew its holdings in shares of First Trust Low Duration Strategic Focus ETF by 4.7% during the second quarter. MML Investors Services LLC now owns 176,282 shares of the company’s stock valued at $3,349,000 after buying an additional 7,872 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Price Performance

NASDAQ LDSF opened at $19.15 on Friday. First Trust Low Duration Strategic Focus ETF has a 52-week low of $18.56 and a 52-week high of $19.29. The company has a 50 day simple moving average of $19.14 and a 200-day simple moving average of $19.09.

First Trust Low Duration Strategic Focus ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.071 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.