First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. reduced its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 14.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 107,685 shares of the company’s stock after selling 18,831 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.10% of First Trust Low Duration Opportunities ETF worth $5,362,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of LMBS. CX Institutional acquired a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth $28,000. Financial Network Wealth Advisors LLC acquired a new position in First Trust Low Duration Opportunities ETF in the third quarter valued at $29,000. Creekmur Asset Management LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 497.2% in the second quarter. Creekmur Asset Management LLC now owns 633 shares of the company’s stock valued at $31,000 after buying an additional 527 shares during the last quarter. Hollencrest Capital Management acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the second quarter worth about $31,000. Finally, Hazlett Burt & Watson Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 160.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $32,000 after buying an additional 400 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock opened at $50.35 on Friday. The stock’s 50-day moving average price is $50.08 and its 200 day moving average price is $49.90. First Trust Low Duration Opportunities ETF has a 52-week low of $48.37 and a 52-week high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were paid a dividend of $0.17 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Wednesday, January 21st.

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.