Atria Investments Inc Sells 1,290 Shares of First Trust Low Duration Opportunities ETF $LMBS

Atria Investments Inc lessened its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 0.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 265,854 shares of the company’s stock after selling 1,290 shares during the quarter. Atria Investments Inc owned about 0.25% of First Trust Low Duration Opportunities ETF worth $13,096,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in LMBS. Barnes Dennig Private Wealth Management LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth about $46,000. SouthState Corp bought a new position in shares of First Trust Low Duration Opportunities ETF during the 1st quarter worth about $82,000. Rossby Financial LCC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 1st quarter worth about $87,000. Clarity Capital Partners LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 1st quarter worth about $203,000. Finally, Daymark Wealth Partners LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter worth about $208,000.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS opened at $49.90 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 company’s 50-day moving average is $49.86 and its 200 day moving average is $49.36.

First Trust Low Duration Opportunities ETF Announces Dividend

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

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.