Larson Financial Group LLC Decreases Stock Holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Larson Financial Group LLC lessened its holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 19.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,620 shares of the company’s stock after selling 4,448 shares during the period. Larson Financial Group LLC’s holdings in First Trust Low Duration Strategic Focus ETF were worth $357,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in LDSF. Creative Financial Designs Inc. ADV lifted its position in First Trust Low Duration Strategic Focus ETF by 12.5% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 16,666 shares of the company’s stock worth $319,000 after acquiring an additional 1,858 shares in the last quarter. EdgeRock Capital LLC purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF during the second quarter valued at approximately $36,000. Commonwealth Equity Services LLC lifted its position in shares of First Trust Low Duration Strategic Focus ETF by 4.3% during the second quarter. Commonwealth Equity Services LLC now owns 80,740 shares of the company’s stock worth $1,509,000 after purchasing an additional 3,292 shares in the last quarter. Raymond James & Associates boosted its stake in shares of First Trust Low Duration Strategic Focus ETF by 5.0% in the second quarter. Raymond James & Associates now owns 69,891 shares of the company’s stock valued at $1,306,000 after purchasing an additional 3,314 shares during the period. Finally, Axxcess Wealth Management LLC grew its holdings in First Trust Low Duration Strategic Focus ETF by 2.1% during the 2nd quarter. Axxcess Wealth Management LLC now owns 288,458 shares of the company’s stock valued at $5,391,000 after purchasing an additional 5,888 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Stock Down 0.1 %

First Trust Low Duration Strategic Focus ETF stock opened at $18.86 on Wednesday. The firm’s fifty day moving average price is $18.98 and its 200 day moving average price is $18.90. First Trust Low Duration Strategic Focus ETF has a 12-month low of $17.70 and a 12-month high of $19.26.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be paid a $0.072 dividend. This represents a $0.86 annualized dividend and a dividend yield of 4.58%. The ex-dividend date is Thursday, November 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.