Truist Financial Corp Sells 2,240 Shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Truist Financial Corp decreased its holdings in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 17.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,244 shares of the company’s stock after selling 2,240 shares during the period. Truist Financial Corp owned approximately 0.17% of First Trust Low Duration Strategic Focus ETF worth $193,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in First Trust Low Duration Strategic Focus ETF during the fourth quarter worth about $8,501,000. Capital Asset Advisory Services LLC lifted its stake in First Trust Low Duration Strategic Focus ETF by 1.9% during the fourth quarter. Capital Asset Advisory Services LLC now owns 353,936 shares of the company’s stock worth $6,670,000 after purchasing an additional 6,722 shares during the last quarter. Axxcess Wealth Management LLC bought a new stake in First Trust Low Duration Strategic Focus ETF during the third quarter worth about $6,351,000. Mutual Advisors LLC lifted its stake in First Trust Low Duration Strategic Focus ETF by 0.3% during the fourth quarter. Mutual Advisors LLC now owns 228,364 shares of the company’s stock worth $4,304,000 after purchasing an additional 759 shares during the last quarter. Finally, Raymond James & Associates lifted its stake in First Trust Low Duration Strategic Focus ETF by 104.2% during the fourth quarter. Raymond James & Associates now owns 40,175 shares of the company’s stock worth $757,000 after purchasing an additional 20,504 shares during the last quarter.

First Trust Low Duration Strategic Focus ETF Stock Down 0.2 %

Shares of LDSF stock opened at $18.63 on Thursday. The business has a 50-day moving average price of $18.65 and a two-hundred day moving average price of $18.69. First Trust Low Duration Strategic Focus ETF has a 12-month low of $17.70 and a 12-month high of $19.14.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 22nd will be issued a $0.0655 dividend. The ex-dividend date is Tuesday, May 21st. This represents a $0.79 annualized dividend and a dividend yield of 4.22%.

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.