First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Down 95.6% in January

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSFGet Free Report) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 500 shares, a decrease of 95.6% from the December 31st total of 11,300 shares. Based on an average trading volume of 33,100 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On First Trust Low Duration Strategic Focus ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in LDSF. Cedrus LLC boosted its stake in First Trust Low Duration Strategic Focus ETF by 14.7% during the third quarter. Cedrus LLC now owns 512,084 shares of the company’s stock worth $9,812,000 after buying an additional 65,677 shares during the last quarter. Axxcess Wealth Management LLC raised its holdings in shares of First Trust Low Duration Strategic Focus ETF by 3.9% during the 3rd 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 period. Mutual Advisors LLC boosted its position in shares of First Trust Low Duration Strategic Focus ETF by 342.9% during the 4th quarter. Mutual Advisors LLC now owns 178,173 shares of the company’s stock valued at $3,351,000 after acquiring an additional 137,946 shares during the last quarter. MML Investors Services LLC grew its holdings 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 valued at $3,196,000 after purchasing an additional 32,275 shares during the period. Finally, Sanctuary Advisors LLC grew its holdings 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 valued at $2,877,000 after purchasing an additional 44,572 shares during the period.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of First Trust Low Duration Strategic Focus ETF stock opened at $18.79 on Thursday. The business has a 50-day moving average price of $18.82 and a 200 day moving average price of $18.93. First Trust Low Duration Strategic Focus ETF has a twelve month low of $17.70 and a twelve month high of $19.26.

First Trust Low Duration Strategic Focus ETF Announces Dividend

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

First Trust Low Duration Strategic Focus ETF Company Profile

(Get Free Report)

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.

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