First Trust Low Duration Opportunities ETF $LMBS Stock Position Lowered by IMA Advisory Services Inc.

IMA Advisory Services Inc. cut its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 130,703 shares of the company’s stock after selling 4,619 shares during the quarter. IMA Advisory Services Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $6,438,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 6.1% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 128,132 shares of the company’s stock worth $6,312,000 after purchasing an additional 7,333 shares in the last quarter. Signal Advisors Wealth LLC grew its position in First Trust Low Duration Opportunities ETF by 23.4% in the second quarter. Signal Advisors Wealth LLC now owns 5,657 shares of the company’s stock worth $279,000 after buying an additional 1,073 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 15.9% in the second quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock valued at $213,000 after buying an additional 593 shares in the last quarter. US Bancorp DE lifted its position in shares of First Trust Low Duration Opportunities ETF by 235.4% during the 2nd quarter. US Bancorp DE now owns 11,358 shares of the company’s stock valued at $559,000 after acquiring an additional 7,972 shares during the last quarter. Finally, Harbour Investments Inc. lifted its position in shares of First Trust Low Duration Opportunities ETF by 3.2% during the 2nd quarter. Harbour Investments Inc. now owns 469,605 shares of the company’s stock valued at $23,133,000 after acquiring an additional 14,432 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

LMBS opened at $49.97 on Tuesday. The business has a fifty day simple moving average of $49.91 and a 200-day simple moving average of $49.42. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.32 and a fifty-two week high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 3rd. Investors of record on Tuesday, October 21st were given a $0.17 dividend. The ex-dividend date was 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.