First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by US Bancorp DE

US Bancorp DE cut its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 38.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,701 shares of the company’s stock after selling 2,338 shares during the period. US Bancorp DE’s holdings in First Trust Low Duration Opportunities ETF were worth $183,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Hershey Financial Advisers LLC acquired a new position in First Trust Low Duration Opportunities ETF in the second quarter valued at approximately $30,000. Hilltop National Bank acquired a new stake in First Trust Low Duration Opportunities ETF in the second quarter worth $42,000. Chris Bulman Inc bought a new stake in First Trust Low Duration Opportunities ETF in the second quarter valued at $43,000. Triad Wealth Partners LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter valued at $44,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter worth about $53,000.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

Shares of NASDAQ:LMBS opened at $48.67 on Friday. The company’s 50-day moving average price is $49.11 and its 200 day moving average price is $48.66. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were issued a dividend of $0.17 per share. The ex-dividend date was Tuesday, October 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.19%.

First Trust Low Duration Opportunities ETF Company 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.