First Trust Low Duration Opportunities ETF $LMBS Position Reduced by Triumph Capital Management

Triumph Capital Management lessened its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 12.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 118,308 shares of the company’s stock after selling 16,816 shares during the period. First Trust Low Duration Opportunities ETF comprises approximately 1.0% of Triumph Capital Management’s holdings, making the stock its 19th biggest position. Triumph Capital Management’s holdings in First Trust Low Duration Opportunities ETF were worth $5,733,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in LMBS. Certified Advisory Corp boosted its stake in shares of First Trust Low Duration Opportunities ETF by 3.2% during the 1st quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock worth $321,000 after acquiring an additional 200 shares during the last quarter. Helium Advisors LLC raised its holdings in First Trust Low Duration Opportunities ETF by 1.0% in the 1st quarter. Helium Advisors LLC now owns 20,861 shares of the company’s stock worth $1,039,000 after purchasing an additional 210 shares during the period. Sanctuary Advisors LLC raised its holdings in First Trust Low Duration Opportunities ETF by 0.7% in the 1st quarter. Sanctuary Advisors LLC now owns 47,689 shares of the company’s stock worth $2,375,000 after purchasing an additional 318 shares during the period. Pinnacle Bancorp Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 9.3% in the 1st quarter. Pinnacle Bancorp Inc. now owns 4,100 shares of the company’s stock worth $204,000 after purchasing an additional 350 shares during the period. Finally, True Blue Financial LLC lifted its position in First Trust Low Duration Opportunities ETF by 1.2% during the first quarter. True Blue Financial LLC now owns 30,141 shares of the company’s stock valued at $1,501,000 after purchasing an additional 357 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS traded up $0.02 during midday trading on Wednesday, reaching $48.71. The company had a trading volume of 494,618 shares, compared to its average volume of 571,339. The business has a 50-day moving average of $49.19 and a two-hundred day moving average of $49.58. First Trust Low Duration Opportunities ETF has a 1 year low of $47.60 and a 1 year high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a dividend of $0.17 per share. The ex-dividend date was Thursday, September 24th. This represents a $2.04 annualized dividend and a dividend yield of 4.2%.

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.