StoneX Group Inc. Buys New Holdings in First Trust Low Duration Strategic Focus ETF $LDSF

StoneX Group Inc. purchased a new position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) in the third quarter, HoldingsChannel.com reports. The fund purchased 154,674 shares of the company’s stock, valued at approximately $2,849,000.

Several other large investors have also made changes to their positions in the company. Royal Bank of Canada boosted its position in shares of First Trust Low Duration Strategic Focus ETF by 27.9% during the 1st quarter. Royal Bank of Canada now owns 1,654,575 shares of the company’s stock worth $31,305,000 after acquiring an additional 360,432 shares in the last quarter. D.A. Davidson & CO. acquired a new position in First Trust Low Duration Strategic Focus ETF during the third quarter valued at approximately $2,034,000. Sanctuary Advisors LLC raised its position in First Trust Low Duration Strategic Focus ETF by 38.8% during the first quarter. Sanctuary Advisors LLC now owns 232,698 shares of the company’s stock valued at $4,403,000 after purchasing an additional 65,050 shares in the last quarter. Barrett & Company Inc. bought a new stake in First Trust Low Duration Strategic Focus ETF during the third quarter worth $773,000. Finally, Citadel Advisors LLC bought a new stake in First Trust Low Duration Strategic Focus ETF during the second quarter worth $786,000.

First Trust Low Duration Strategic Focus ETF Price Performance

Shares of LDSF stock opened at $18.61 on Monday. The stock’s fifty day moving average price is $18.58 and its two-hundred day moving average price is $18.88. First Trust Low Duration Strategic Focus ETF has a fifty-two week low of $18.37 and a fifty-two week high of $19.59.

First Trust Low Duration Strategic Focus ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were issued a dividend of $0.0760 per share. This is an increase from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.0750. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $0.91 dividend on an annualized basis and a dividend yield of 4.9%.

First Trust Low Duration Strategic Focus ETF 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.