D.A. Davidson & CO. Has $6.47 Million Stock Position in First Trust Low Duration Opportunities ETF $LMBS

D.A. Davidson & CO. decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 13.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 131,300 shares of the company’s stock after selling 21,046 shares during the period. D.A. Davidson & CO. owned 0.13% of First Trust Low Duration Opportunities ETF worth $6,468,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of LMBS. Wealth Enhancement Advisory Services LLC boosted its position in First Trust Low Duration Opportunities ETF by 25.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 38,074 shares of the company’s stock valued at $1,872,000 after purchasing an additional 7,700 shares during the last quarter. International Assets Investment Management LLC boosted its position in First Trust Low Duration Opportunities ETF by 24.4% during the first quarter. International Assets Investment Management LLC now owns 14,762 shares of the company’s stock valued at $726,000 after purchasing an additional 2,900 shares during the last quarter. Golden State Wealth Management LLC raised its holdings in First Trust Low Duration Opportunities ETF by 3,724.8% during the first quarter. Golden State Wealth Management LLC now owns 9,562 shares of the company’s stock valued at $470,000 after buying an additional 9,312 shares in the last quarter. Perigon Wealth Management LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 4.2% in the first quarter. Perigon Wealth Management LLC now owns 30,124 shares of the company’s stock worth $1,481,000 after buying an additional 1,209 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its position in shares of First Trust Low Duration Opportunities ETF by 9.6% in the first quarter. Creative Financial Designs Inc. ADV now owns 12,490 shares of the company’s stock worth $614,000 after buying an additional 1,097 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.1%

Shares of NASDAQ:LMBS opened at $49.97 on Friday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.32 and a fifty-two week high of $50.25. The business has a 50-day moving average of $49.81 and a two-hundred day moving average of $49.31.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Tuesday, October 21st will be given a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

About First Trust Low Duration Opportunities ETF

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.