Altus Wealth Group LLC Invests $238,000 in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Altus Wealth Group LLC bought a new stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,659 shares of the company’s stock, valued at approximately $238,000. Altus Wealth Group LLC owned about 0.19% of First Trust Low Duration Strategic Focus ETF at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Sowell Financial Services LLC acquired a new stake in shares of First Trust Low Duration Strategic Focus ETF during the 4th quarter valued at $2,564,000. Raymond James Financial Inc. purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF during the fourth quarter valued at $2,729,000. SRS Capital Advisors Inc. acquired a new position in shares of First Trust Low Duration Strategic Focus ETF in the 4th quarter valued at $12,070,000. Sanctuary Advisors LLC increased its stake in First Trust Low Duration Strategic Focus ETF by 4.7% in the 4th quarter. Sanctuary Advisors LLC now owns 160,120 shares of the company’s stock worth $3,012,000 after purchasing an additional 7,220 shares in the last quarter. Finally, Mutual Advisors LLC raised its holdings in 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 worth $3,351,000 after buying an additional 137,946 shares during the period.

First Trust Low Duration Strategic Focus ETF Trading Up 0.1 %

Shares of LDSF opened at $18.88 on Friday. The company has a 50-day moving average of $18.82 and a two-hundred day moving average of $18.91. First Trust Low Duration Strategic Focus ETF has a one year low of $17.70 and a one year high of $19.26.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a $0.072 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date of this dividend was Friday, February 21st.

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.