Commonwealth Equity Services LLC Reduces Stock Position in First Trust Strategic Income ETF (NASDAQ:FDIV)

Commonwealth Equity Services LLC lowered its stake in First Trust Strategic Income ETF (NASDAQ:FDIV) by 0.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,716 shares of the company’s stock after selling 320 shares during the quarter. Commonwealth Equity Services LLC owned 1.87% of First Trust Strategic Income ETF worth $1,713,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of FDIV. LPL Financial LLC boosted its stake in shares of First Trust Strategic Income ETF by 7.0% during the 2nd quarter. LPL Financial LLC now owns 108,647 shares of the company’s stock worth $5,465,000 after acquiring an additional 7,113 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of First Trust Strategic Income ETF by 10.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 75,737 shares of the company’s stock worth $3,810,000 after acquiring an additional 7,170 shares during the last quarter. RPg Family Wealth Advisory LLC boosted its stake in shares of First Trust Strategic Income ETF by 1.3% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 49,626 shares of the company’s stock worth $2,496,000 after acquiring an additional 620 shares during the last quarter. Advisor Group Inc. boosted its stake in shares of First Trust Strategic Income ETF by 3.4% during the 2nd quarter. Advisor Group Inc. now owns 41,179 shares of the company’s stock worth $2,071,000 after acquiring an additional 1,366 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of First Trust Strategic Income ETF during the 2nd quarter worth $1,283,000.

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Shares of First Trust Strategic Income ETF stock opened at $50.52 on Tuesday. The company’s fifty day simple moving average is $50.72 and its 200-day simple moving average is $50.38. First Trust Strategic Income ETF has a 1-year low of $45.24 and a 1-year high of $52.72.

The firm also recently declared a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 23rd were paid a dividend of $0.16 per share. This represents a $1.92 annualized dividend and a dividend yield of 3.80%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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Institutional Ownership by Quarter for First Trust Strategic Income ETF (NASDAQ:FDIV)

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