Capital Asset Advisory Services LLC Sells 1,777 Shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Capital Asset Advisory Services LLC reduced its position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 0.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 298,388 shares of the company’s stock after selling 1,777 shares during the period. Capital Asset Advisory Services LLC owned about 4.42% of First Trust Low Duration Strategic Focus ETF worth $5,599,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Cedrus LLC raised its stake in shares of First Trust Low Duration Strategic Focus ETF by 14.7% in the third quarter. Cedrus LLC now owns 512,084 shares of the company’s stock worth $9,812,000 after acquiring an additional 65,677 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in shares of First Trust Low Duration Strategic Focus ETF by 3.9% in the third quarter. Axxcess Wealth Management LLC now owns 299,813 shares of the company’s stock worth $5,744,000 after acquiring an additional 11,355 shares during the last quarter. Mutual Advisors LLC raised its stake in shares of First Trust Low Duration Strategic Focus ETF by 342.9% in the fourth quarter. Mutual Advisors LLC now owns 178,173 shares of the company’s stock worth $3,351,000 after acquiring an additional 137,946 shares during the last quarter. MML Investors Services LLC raised its stake in shares of First Trust Low Duration Strategic Focus ETF by 24.0% in the third quarter. MML Investors Services LLC now owns 166,795 shares of the company’s stock worth $3,196,000 after acquiring an additional 32,275 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its stake in shares of First Trust Low Duration Strategic Focus ETF by 41.1% in the third quarter. Sanctuary Advisors LLC now owns 152,900 shares of the company’s stock worth $2,877,000 after acquiring an additional 44,572 shares during the last quarter.

First Trust Low Duration Strategic Focus ETF Stock Up 0.3 %

Shares of NASDAQ LDSF opened at $18.77 on Monday. The company has a 50-day moving average of $18.82 and a two-hundred day moving average of $18.93. First Trust Low Duration Strategic Focus ETF has a 1-year low of $17.70 and a 1-year high of $19.26.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be paid a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.60%. The ex-dividend date is Wednesday, January 22nd.

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.