First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by NBT Bank N A NY

NBT Bank N A NY lowered its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 13.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,791 shares of the company’s stock after selling 1,174 shares during the quarter. NBT Bank N A NY’s holdings in First Trust Low Duration Opportunities ETF were worth $379,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in First Trust Low Duration Opportunities ETF in the 4th quarter worth approximately $149,264,000. LPL Financial LLC grew its holdings in First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after buying an additional 929,010 shares in the last quarter. Fairvoy Private Wealth LLC bought a new position in First Trust Low Duration Opportunities ETF in the 4th quarter worth approximately $11,777,000. Atria Investments Inc grew its holdings in First Trust Low Duration Opportunities ETF by 801.6% in the 4th quarter. Atria Investments Inc now owns 270,059 shares of the company’s stock worth $13,144,000 after buying an additional 240,106 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in First Trust Low Duration Opportunities ETF by 94.9% in the 4th quarter. Private Advisor Group LLC now owns 454,078 shares of the company’s stock worth $22,100,000 after buying an additional 221,157 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS stock opened at $49.10 on Wednesday. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49. The business has a 50 day simple moving average of $48.77 and a 200 day simple moving average of $48.91.

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 paid a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date was Friday, February 21st.

First Trust Low Duration Opportunities ETF Company 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.