Private Trust Co. NA Has $1.23 Million Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Private Trust Co. NA reduced its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,329 shares of the company’s stock after selling 1,324 shares during the period. Private Trust Co. NA’s holdings in First Trust Low Duration Opportunities ETF were worth $1,233,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Brueske Advisory Services LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth about $785,000. Oppenheimer & Co. Inc. boosted its position in shares of First Trust Low Duration Opportunities ETF by 51.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 57,915 shares of the company’s stock worth $2,819,000 after buying an additional 19,560 shares during the period. IFP Advisors Inc boosted its position in shares of First Trust Low Duration Opportunities ETF by 19.7% during the fourth quarter. IFP Advisors Inc now owns 152,471 shares of the company’s stock worth $7,421,000 after buying an additional 25,076 shares during the period. Wealthspire Advisors LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth about $420,000. Finally, Marshall Investment Management LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth about $131,000.

First Trust Low Duration Opportunities ETF Stock Up 0.2 %

LMBS stock opened at $49.14 on Friday. The business has a 50-day moving average of $48.69 and a 200-day moving average of $48.90. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.04 annualized dividend and a dividend yield of 4.15%.

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.