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) announced a monthly dividend on Thursday, February 19th. Stockholders of record on Friday, February 20th will be paid a dividend of 0.0746 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, February 20th. This is a 2.2% 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%

Shares of LDSF stock traded down $0.06 during mid-day trading on Friday, reaching $19.16. 7,368 shares of the company’s stock traded hands, compared to its average volume of 34,892. First Trust Low Duration Strategic Focus ETF has a 12 month low of $18.56 and a 12 month high of $19.29. The firm has a 50 day moving average price of $19.17 and a two-hundred day moving average price of $19.14.

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.