First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Petix & Botte Co

Petix & Botte Co decreased its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,509 shares of the company’s stock after selling 12,533 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 2.4% of Petix & Botte Co’s investment portfolio, making the stock its 14th largest holding. Petix & Botte Co’s holdings in First Trust Low Duration Opportunities ETF were worth $10,635,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Weitzel Financial Services Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 5.5% in the first quarter. Weitzel Financial Services Inc. now owns 263,945 shares of the company’s stock valued at $13,036,000 after purchasing an additional 13,816 shares during the period. Stenger Family Office LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the 1st quarter worth $2,645,000. Marino Stram & Associates LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 4.2% in the 1st quarter. Marino Stram & Associates LLC now owns 51,512 shares of the company’s stock worth $2,566,000 after buying an additional 2,094 shares in the last quarter. Integrated Advisors Network LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 23.2% in the 1st quarter. Integrated Advisors Network LLC now owns 10,454 shares of the company’s stock worth $521,000 after buying an additional 1,972 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. purchased a new position in First Trust Low Duration Opportunities ETF in the 1st quarter valued at about $35,000.

First Trust Low Duration Opportunities ETF Stock Up 0.1%

Shares of First Trust Low Duration Opportunities ETF stock traded up $0.03 during trading hours on Friday, hitting $49.69. 372,972 shares of the company’s stock traded hands, compared to its average volume of 573,977. The stock has a 50 day simple moving average of $49.79 and a 200-day simple moving average of $49.99. First Trust Low Duration Opportunities ETF has a twelve month low of $47.87 and a twelve month high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.17 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.