Atria Wealth Solutions Inc. Sells 13,439 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Posted by Latisha Jones on Feb 20th, 2025

Atria Wealth Solutions Inc. cut its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 10.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 121,099 shares of the company’s stock after selling 13,439 shares during the quarter. Atria Wealth Solutions Inc. owned about 0.13% of First Trust Low Duration Opportunities ETF worth $5,894,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Farmers & Merchants Investments Inc. bought a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter worth about $47,000. Riggs Asset Managment Co. Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at about $76,000. Prospera Private Wealth LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at about $79,000. Harbor Investment Advisory LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 20.1% during the 4th quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock valued at $134,000 after purchasing an additional 459 shares during the period. Finally, Proactive Wealth Strategies LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at about $203,000.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $48.84 on Thursday. The business has a 50-day simple moving average of $48.66 and a two-hundred day simple moving average of $48.90. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%.

First Trust Low Duration Opportunities ETF Company Profile

(Free Report)

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.