Capital Market Strategies LLC Sells 858 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Capital Market Strategies LLC cut its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 9.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,171 shares of the company’s stock after selling 858 shares during the quarter. Capital Market Strategies LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $404,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Palisade Asset Management LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the first quarter worth $25,000. Hershey Financial Advisers LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter worth $30,000. Hilltop National Bank bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter worth $42,000. Chris Bulman Inc bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter worth $43,000. Finally, Triad Wealth Partners LLC bought a new stake in First Trust Low Duration Opportunities ETF in the 2nd quarter valued at $44,000.

First Trust Low Duration Opportunities ETF Stock Down 0.2 %

LMBS opened at $49.32 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49. The firm’s fifty day simple moving average is $49.16 and its 200 day simple moving average is $48.47.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business 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 annualized dividend and a yield of 4.14%.

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.