First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC decreased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 260,475 shares of the company’s stock after selling 10,868 shares during the quarter. Kestra Advisory Services LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $12,974,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Palisade Asset Management LLC purchased a new position in First Trust Low Duration Opportunities ETF in the third quarter valued at approximately $26,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 1st quarter worth approximately $35,000. Bank of Montreal Can lifted its position in shares of First Trust Low Duration Opportunities ETF by 169.0% during the 4th quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $37,000 after buying an additional 463 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 38.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after buying an additional 250 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the 4th quarter valued at $56,000.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $49.69 on Monday. The firm’s fifty day moving average price is $49.79 and its 200 day moving average price is $49.99. First Trust Low Duration Opportunities ETF has a 12 month low of $47.87 and a 12 month high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Thursday, June 25th.

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.