First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC lowered its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 59.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,507 shares of the company’s stock after selling 3,720 shares during the period. Avior Wealth Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $121,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. UBS Group AG increased its position in First Trust Low Duration Opportunities ETF by 0.9% in the 3rd quarter. UBS Group AG now owns 3,697,931 shares of the company’s stock valued at $174,690,000 after acquiring an additional 32,461 shares during the period. First Trust Advisors LP increased its position in First Trust Low Duration Opportunities ETF by 27.7% in the 1st quarter. First Trust Advisors LP now owns 2,740,946 shares of the company’s stock valued at $134,169,000 after acquiring an additional 594,694 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in First Trust Low Duration Opportunities ETF by 11.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,086,256 shares of the company’s stock valued at $100,808,000 after acquiring an additional 206,876 shares during the period. Imprint Wealth LLC increased its position in First Trust Low Duration Opportunities ETF by 36,994.3% in the 2nd quarter. Imprint Wealth LLC now owns 1,590,605 shares of the company’s stock valued at $159,060,000 after acquiring an additional 1,586,317 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 4th quarter worth approximately $60,773,000.

First Trust Low Duration Opportunities ETF Trading Down 0.0 %

NASDAQ LMBS opened at $47.71 on Friday. The business’s 50 day moving average is $48.08 and its two-hundred day moving average is $47.84. First Trust Low Duration Opportunities ETF has a 12-month low of $46.58 and a 12-month high of $48.55.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a dividend of $0.175 per share. This represents a $2.10 annualized dividend and a yield of 4.40%. The ex-dividend date of this dividend was Thursday, March 21st.

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.