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

Retirement Guys Formula LLC cut its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 14.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm 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 as of its most recent SEC filing.

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

First Trust Low Duration Opportunities ETF Stock Up 0.1%

LMBS opened at $49.22 on Tuesday. The firm’s fifty day simple moving average is $48.93 and its two-hundred day simple moving average is $48.87. 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 Dividend Announcement

The business also recently declared 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 annualized dividend and a dividend 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.