Sargent Investment Group LLC Decreases Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Sargent Investment Group LLC decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 11.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,940 shares of the company’s stock after selling 1,185 shares during the quarter. Sargent Investment Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $433,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. PFS Partners LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 22.5% during the 4th quarter. PFS Partners LLC now owns 212,642 shares of the company’s stock worth $10,349,000 after acquiring an additional 39,035 shares in the last quarter. James J. Burns & Company LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 1.9% during the 4th quarter. James J. Burns & Company LLC now owns 91,025 shares of the company’s stock worth $4,432,000 after acquiring an additional 1,733 shares in the last quarter. Commonwealth Financial Services LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 2.6% during the 4th quarter. Commonwealth Financial Services LLC now owns 137,300 shares of the company’s stock worth $6,682,000 after acquiring an additional 3,442 shares in the last quarter. Adamsbrown Wealth Consultants LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 4th quarter worth approximately $4,734,000. Finally, GPS Wealth Strategies Group LLC lifted its stake in First Trust Low Duration Opportunities ETF by 4.3% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 19,504 shares of the company’s stock valued at $949,000 after buying an additional 797 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.2 %

LMBS stock opened at $48.81 on Thursday. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49. The stock’s 50 day moving average price is $48.70 and its 200 day moving average price is $48.89.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date was Wednesday, January 22nd.

First Trust Low Duration Opportunities ETF Company 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.