First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by StoneX Group Inc.

StoneX Group Inc. decreased its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 16.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,992 shares of the company’s stock after selling 5,490 shares during the quarter. StoneX Group Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $1,383,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF by 23.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 22,496 shares of the company’s stock worth $1,063,000 after buying an additional 4,275 shares during the period. Coppell Advisory Solutions Corp. purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 1st quarter valued at about $735,000. Comerica Bank raised its holdings in First Trust Low Duration Opportunities ETF by 6.9% during the first quarter. Comerica Bank now owns 171,415 shares of the company’s stock worth $8,271,000 after purchasing an additional 11,010 shares in the last quarter. Atria Investments Inc raised its stake in First Trust Low Duration Opportunities ETF by 12.6% during the 1st quarter. Atria Investments Inc now owns 48,566 shares of the company’s stock worth $2,343,000 after acquiring an additional 5,424 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of First Trust Low Duration Opportunities ETF by 114.6% during the first quarter. Cetera Investment Advisers now owns 800,093 shares of the company’s stock worth $38,604,000 after purchasing an additional 427,232 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.0 %

Shares of NASDAQ:LMBS opened at $48.63 on Monday. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49. The firm has a fifty day moving average price of $49.02 and a 200 day moving average price of $48.71.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be paid a $0.17 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.19%.

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.