Mosley Wealth Management Sells 211 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Mosley Wealth Management trimmed its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,812 shares of the company’s stock after selling 211 shares during the period. Mosley Wealth Management’s holdings in First Trust Low Duration Opportunities ETF were worth $234,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Farmers & Merchants Investments Inc. acquired a new stake in First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $47,000. Riggs Asset Managment Co. Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 16.2% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock valued at $87,000 after buying an additional 250 shares in the last quarter. Synergy Investment Management LLC bought a new stake in First Trust Low Duration Opportunities ETF in the fourth quarter valued at $116,000. Kestra Investment Management LLC bought a new stake in First Trust Low Duration Opportunities ETF in the fourth quarter valued at $127,000. Finally, Marshall Investment Management LLC acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter worth $131,000.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ:LMBS opened at $49.21 on Friday. The company’s fifty day moving average is $48.86 and its 200-day moving average is $48.91. 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 Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.04 dividend on an annualized basis and a yield of 4.15%.

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.