First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Trilogy Capital Inc.

Trilogy Capital Inc. reduced its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 503,106 shares of the company’s stock after selling 29,090 shares during the period. First Trust Low Duration Opportunities ETF comprises 1.2% of Trilogy Capital Inc.’s investment portfolio, making the stock its 23rd largest holding. Trilogy Capital Inc. owned approximately 0.48% of First Trust Low Duration Opportunities ETF worth $24,783,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LMBS. Wealth Enhancement Advisory Services LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 314.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 30,374 shares of the company’s stock worth $1,478,000 after acquiring an additional 23,050 shares during the period. GAMMA Investing LLC grew its stake in First Trust Low Duration Opportunities ETF by 4,472.9% during the 1st quarter. GAMMA Investing LLC now owns 64,203 shares of the company’s stock worth $3,156,000 after purchasing an additional 62,799 shares in the last quarter. Parallel Advisors LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the 1st quarter worth about $183,000. NBC Securities Inc. raised its position in First Trust Low Duration Opportunities ETF by 93,705.9% in the 1st quarter. NBC Securities Inc. now owns 15,947 shares of the company’s stock valued at $783,000 after purchasing an additional 15,930 shares in the last quarter. Finally, HBW Advisory Services LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the 1st quarter valued at about $218,000.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

Shares of LMBS opened at $49.79 on Wednesday. First Trust Low Duration Opportunities ETF has a 1 year low of $48.32 and a 1 year high of $50.25. The stock has a 50-day simple moving average of $49.59 and a 200-day simple moving average of $49.22.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.17 dividend. The ex-dividend date was Thursday, September 25th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.