First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Visionary Wealth Advisors

Visionary Wealth Advisors trimmed its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 21.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,512 shares of the company’s stock after selling 24,896 shares during the quarter. Visionary Wealth Advisors owned about 0.09% of First Trust Low Duration Opportunities ETF worth $4,405,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in LMBS. Raymond James Financial Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 4th quarter worth $149,264,000. Cetera Investment Advisers raised its holdings in First Trust Low Duration Opportunities ETF by 75.1% during the fourth quarter. Cetera Investment Advisers now owns 1,724,201 shares of the company’s stock valued at $83,917,000 after buying an additional 739,519 shares in the last quarter. LPL Financial LLC raised its holdings in First Trust Low Duration Opportunities ETF by 8.3% during the fourth quarter. LPL Financial LLC now owns 9,269,354 shares of the company’s stock valued at $451,139,000 after buying an additional 708,645 shares in the last quarter. Fairvoy Private Wealth LLC bought a new position in First Trust Low Duration Opportunities ETF during the fourth quarter valued at about $11,777,000. Finally, Atria Investments Inc increased its stake in shares of First Trust Low Duration Opportunities ETF by 801.6% in the fourth quarter. Atria Investments Inc now owns 270,059 shares of the company’s stock worth $13,144,000 after purchasing an additional 240,106 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

First Trust Low Duration Opportunities ETF stock opened at $48.97 on Monday. The business’s 50-day simple moving average is $48.98 and its 200-day simple moving average is $48.84. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 22nd were paid a $0.17 dividend. The ex-dividend date was Tuesday, April 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.17%.

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.