First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Capital Investment Counsel LLC

Capital Investment Counsel LLC decreased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 42.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,014 shares of the company’s stock after selling 13,834 shares during the period. Capital Investment Counsel LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $939,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in LMBS. Farther Finance Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 1.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 15,777 shares of the company’s stock worth $780,000 after acquiring an additional 246 shares during the period. City Holding Co. grew its holdings in First Trust Low Duration Opportunities ETF by 0.7% in the second quarter. City Holding Co. now owns 40,370 shares of the company’s stock valued at $1,939,000 after purchasing an additional 300 shares during the last quarter. Waterloo Capital L.P. grew its holdings in First Trust Low Duration Opportunities ETF by 6.5% in the second quarter. Waterloo Capital L.P. now owns 5,827 shares of the company’s stock valued at $280,000 after purchasing an additional 358 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in shares of First Trust Low Duration Opportunities ETF by 1.3% in the third quarter. Nations Financial Group Inc. IA ADV now owns 29,468 shares of the company’s stock valued at $1,456,000 after buying an additional 386 shares in the last quarter. Finally, Holistic Financial Partners raised its stake in shares of First Trust Low Duration Opportunities ETF by 2.9% during the 3rd quarter. Holistic Financial Partners now owns 14,921 shares of the company’s stock worth $737,000 after buying an additional 419 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $48.63 on Friday. The company’s 50-day moving average price is $49.02 and its 200 day moving average price is $48.71. 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 firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be issued a $0.17 dividend. This represents a $2.04 annualized dividend and a dividend yield of 4.19%. The ex-dividend date of this dividend is Thursday, November 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.