B. Riley Wealth Advisors Inc. Has $643,000 Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

B. Riley Wealth Advisors Inc. lessened its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 40.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,380 shares of the company’s stock after selling 9,116 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $643,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Palisade Asset Management LLC bought a new position in First Trust Low Duration Opportunities ETF in the first quarter worth $25,000. Hilltop National Bank acquired a new position in First Trust Low Duration Opportunities ETF during the second quarter worth $42,000. Chris Bulman Inc acquired a new position in First Trust Low Duration Opportunities ETF during the second quarter worth $43,000. Triad Wealth Partners LLC acquired a new position in First Trust Low Duration Opportunities ETF during the second quarter worth $44,000. Finally, GAMMA Investing LLC acquired a new position in First Trust Low Duration Opportunities ETF during the second quarter worth $62,000.

First Trust Low Duration Opportunities ETF Trading Down 0.4 %

First Trust Low Duration Opportunities ETF stock opened at $49.14 on Friday. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49. The stock has a fifty day moving average price of $49.17 and a two-hundred day moving average price of $48.48.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.17 dividend. The ex-dividend date was Thursday, September 26th. This represents a $2.04 dividend on an annualized basis and a yield of 4.15%.

First Trust Low Duration Opportunities ETF Profile

The First Trust Low Duration Opportunities ETF (LMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund that invests in a variety of mortgage-backed securities with target duration of less than 3 years. LMBS was launched on Nov 4, 2014 and is managed by First Trust.