First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Capital CS Group LLC

Capital CS Group LLC trimmed its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,616 shares of the company’s stock after selling 518 shares during the period. Capital CS Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $376,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. MRA Advisory Group raised its position in shares of First Trust Low Duration Opportunities ETF by 18.9% during the 3rd quarter. MRA Advisory Group now owns 195,011 shares of the company’s stock worth $9,635,000 after buying an additional 30,944 shares in the last quarter. Private Client Services LLC bought a new stake in First Trust Low Duration Opportunities ETF during the third quarter worth approximately $357,000. Sanctuary Advisors LLC bought a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at $2,431,000. Cetera Investment Advisers increased its position in shares of First Trust Low Duration Opportunities ETF by 17.5% during the 2nd quarter. Cetera Investment Advisers now owns 940,225 shares of the company’s stock valued at $45,178,000 after purchasing an additional 140,132 shares during the period. Finally, Hershey Financial Advisers LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter worth $30,000.

First Trust Low Duration Opportunities ETF Trading Down 0.4 %

Shares of First Trust Low Duration Opportunities ETF stock traded down $0.18 during trading on Friday, hitting $49.14. The stock had a trading volume of 721,814 shares, compared to its average volume of 473,752. The business has a fifty day moving average of $49.17 and a two-hundred day moving average of $48.48. 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 disclosed a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $2.04 annualized dividend and a dividend yield of 4.15%.

About First Trust Low Duration Opportunities ETF

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.