IFG Advisory LLC Has $628,000 Stock Position in First Trust Low Duration Opportunities ETF $LMBS

IFG Advisory LLC lowered its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 50.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,614 shares of the company’s stock after selling 13,083 shares during the quarter. IFG Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $628,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Avestar Capital LLC grew its holdings in First Trust Low Duration Opportunities ETF by 1.2% during the 2nd quarter. Avestar Capital LLC now owns 18,040 shares of the company’s stock worth $889,000 after acquiring an additional 208 shares during the period. Iams Wealth Management LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 0.6% in the 3rd quarter. Iams Wealth Management LLC now owns 37,073 shares of the company’s stock valued at $1,846,000 after purchasing an additional 212 shares during the period. Condor Capital Management lifted its stake in shares of First Trust Low Duration Opportunities ETF by 0.4% in the 3rd quarter. Condor Capital Management now owns 50,896 shares of the company’s stock valued at $2,534,000 after purchasing an additional 228 shares during the period. Lion Street Advisors LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 5.7% in the 3rd quarter. Lion Street Advisors LLC now owns 4,398 shares of the company’s stock worth $222,000 after purchasing an additional 236 shares during the last quarter. Finally, TrueWealth Advisors LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 5.4% in the 3rd quarter. TrueWealth Advisors LLC now owns 5,588 shares of the company’s stock worth $278,000 after purchasing an additional 286 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.1%

Shares of First Trust Low Duration Opportunities ETF stock opened at $50.18 on Friday. The business has a fifty day simple moving average of $50.19 and a 200 day simple moving average of $50.01. First Trust Low Duration Opportunities ETF has a 12 month low of $48.37 and a 12 month high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were given a $0.17 dividend. The ex-dividend date was Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.