Nilsine Partners LLC Sells 280 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Nilsine Partners LLC cut its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,935 shares of the company’s stock after selling 280 shares during the period. Nilsine Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $285,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in LMBS. International Assets Investment Management LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth approximately $1,258,000. CWM LLC raised its stake in First Trust Low Duration Opportunities ETF by 17.1% during the 4th quarter. CWM LLC now owns 4,658 shares of the company’s stock valued at $225,000 after purchasing an additional 679 shares during the last quarter. Robertson Stephens Wealth Management LLC bought a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter valued at $292,000. Benjamin Edwards Inc. grew its position in First Trust Low Duration Opportunities ETF by 1,405.7% in the 4th quarter. Benjamin Edwards Inc. now owns 3,719 shares of the company’s stock worth $180,000 after purchasing an additional 3,472 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in shares of First Trust Low Duration Opportunities ETF by 31.6% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 74,916 shares of the company’s stock worth $3,620,000 after purchasing an additional 17,976 shares during the period.

First Trust Low Duration Opportunities ETF Stock Down 0.0 %

Shares of LMBS traded down $0.02 during trading hours on Friday, reaching $49.04. 314,308 shares of the company traded hands, compared to its average volume of 465,356. The stock’s fifty day moving average is $48.67 and its 200 day moving average is $48.27. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $49.92.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 21st were given a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.16%.

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.