First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Private Trust Co. NA

Private Trust Co. NA reduced its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 21.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,477 shares of the company’s stock after selling 5,079 shares during the quarter. Private Trust Co. NA’s holdings in First Trust Low Duration Opportunities ETF were worth $910,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. SouthState Corp purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the first quarter worth about $82,000. Rossby Financial LCC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter worth approximately $87,000. Clarity Capital Partners LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter worth approximately $203,000. Rathbones Group PLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter worth approximately $209,000. Finally, Parallel Advisors LLC boosted its position 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 worth $213,000 after acquiring an additional 593 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

LMBS opened at $50.16 on Friday. The company’s 50 day simple moving average is $49.76 and its 200 day simple moving average is $49.29. First Trust Low Duration Opportunities ETF has a 1 year low of $48.32 and a 1 year high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

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

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.