First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Retirement Guys Formula LLC

Retirement Guys Formula LLC lowered its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 14.0% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 5,237 shares of the company’s stock after selling 852 shares during the period. Retirement Guys Formula LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $257,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Synergy Investment Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at about $116,000. Tucker Asset Management LLC boosted its position in First Trust Low Duration Opportunities ETF by 46.3% during the fourth quarter. Tucker Asset Management LLC now owns 2,792 shares of the company’s stock worth $136,000 after acquiring an additional 884 shares during the last quarter. Parallel Advisors LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the 1st quarter valued at about $183,000. Novem Group acquired a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter valued at about $203,000. Finally, AdvisorNet Financial Inc lifted its stake in First Trust Low Duration Opportunities ETF by 162.7% in the 1st quarter. AdvisorNet Financial Inc now owns 4,379 shares of the company’s stock worth $215,000 after purchasing an additional 2,712 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.22 on Tuesday. The stock’s 50 day simple moving average is $48.93 and its 200-day simple moving average is $48.87. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Investors of record on Wednesday, May 21st were given a dividend of $0.17 per share. The ex-dividend date was Wednesday, May 21st. This represents a $2.04 dividend on an annualized basis and a yield of 4.14%.

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.