First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Declares $0.07 Monthly Dividend

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) declared a monthly dividend on Monday, October 21st, NASDAQ reports. Shareholders of record on Tuesday, October 22nd will be given a dividend of 0.072 per share on Thursday, October 31st. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date of this dividend is Tuesday, October 22nd.

First Trust Low Duration Strategic Focus ETF Stock Down 0.6 %

NASDAQ:LDSF traded down $0.10 during mid-day trading on Tuesday, reaching $18.89. 24,495 shares of the company’s stock traded hands, compared to its average volume of 58,885. First Trust Low Duration Strategic Focus ETF has a 12-month low of $17.70 and a 12-month high of $19.26. The company has a 50 day moving average price of $19.08 and a 200-day moving average price of $18.85.

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.