Royal Bank of Canada Grows Stake in First Trust Low Duration Strategic Focus ETF (NYSEARCA:LDSF)

Royal Bank of Canada lifted its position in First Trust Low Duration Strategic Focus ETF (NYSEARCA:LDSF) by 2,366.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 88,930 shares of the company’s stock after purchasing an additional 85,325 shares during the quarter. Royal Bank of Canada owned 3.78% of First Trust Low Duration Strategic Focus ETF worth $1,818,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of LDSF. Advisory Services Network LLC purchased a new stake in First Trust Low Duration Strategic Focus ETF during the 1st quarter valued at about $91,000. Resources Investment Advisors LLC. raised its position in First Trust Low Duration Strategic Focus ETF by 14.7% during the 2nd quarter. Resources Investment Advisors LLC. now owns 99,831 shares of the company’s stock valued at $2,041,000 after purchasing an additional 12,825 shares during the last quarter. Wedbush Securities Inc. bought a new position in First Trust Low Duration Strategic Focus ETF during the 2nd quarter valued at approximately $274,000. Commonwealth Equity Services LLC bought a new position in First Trust Low Duration Strategic Focus ETF during the 2nd quarter valued at approximately $351,000. Finally, Valmark Advisers Inc. raised its position in First Trust Low Duration Strategic Focus ETF by 147.6% during the 2nd quarter. Valmark Advisers Inc. now owns 159,029 shares of the company’s stock valued at $3,251,000 after purchasing an additional 94,807 shares during the last quarter.

LDSF traded up $0.04 during midday trading on Friday, reaching $20.53. 20,271 shares of the company’s stock traded hands, compared to its average volume of 26,878. The firm has a fifty day moving average of $20.55 and a two-hundred day moving average of $20.50. First Trust Low Duration Strategic Focus ETF has a 52 week low of $20.19 and a 52 week high of $21.45.

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Institutional Ownership by Quarter for First Trust Low Duration Strategic Focus ETF (NYSEARCA:LDSF)

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