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

Moneywise Inc. lessened its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 39.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,015 shares of the company’s stock after selling 3,280 shares during the quarter. Moneywise Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $244,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Brookstone Capital Management lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 0.3% during the 3rd quarter. Brookstone Capital Management now owns 472,500 shares of the company’s stock valued at $23,346,000 after acquiring an additional 1,364 shares in the last quarter. CWM LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 132.5% during the 3rd quarter. CWM LLC now owns 109,044 shares of the company’s stock valued at $5,388,000 after acquiring an additional 62,142 shares in the last quarter. Patten Group Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 13.5% during the 3rd quarter. Patten Group Inc. now owns 28,683 shares of the company’s stock valued at $1,417,000 after acquiring an additional 3,421 shares in the last quarter. TL Private Wealth lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 0.9% during the 3rd quarter. TL Private Wealth now owns 305,513 shares of the company’s stock valued at $14,943,000 after acquiring an additional 2,686 shares in the last quarter. Finally, Pinnacle Bancorp Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 23.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock valued at $159,000 after acquiring an additional 611 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ:LMBS opened at $48.81 on Thursday. The firm’s fifty day simple moving average is $48.70 and its 200 day simple moving average is $48.89. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were issued a dividend of $0.17 per share. The ex-dividend date was Wednesday, January 22nd. This represents a $2.04 annualized dividend and a dividend yield of 4.18%.

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.