First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. lowered its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 27.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,395 shares of the company’s stock after selling 2,860 shares during the quarter. Focus Financial Network Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $364,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Towerpoint Wealth LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 2.0% in the second quarter. Towerpoint Wealth LLC now owns 17,580 shares of the company’s stock valued at $866,000 after purchasing an additional 350 shares during the period. Aaron Wealth Advisors LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 1.4% in the second quarter. Aaron Wealth Advisors LLC now owns 357,186 shares of the company’s stock valued at $17,595,000 after purchasing an additional 4,770 shares during the period. Keystone Wealth Services LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 0.8% in the second quarter. Keystone Wealth Services LLC now owns 72,344 shares of the company’s stock valued at $3,564,000 after purchasing an additional 583 shares during the period. Divergent Planning LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at approximately $812,000. Finally, Balefire LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at approximately $1,220,000.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ:LMBS opened at $49.99 on Friday. The firm’s 50 day moving average is $49.51 and its two-hundred day moving average is $49.18. First Trust Low Duration Opportunities ETF has a 52 week low of $48.32 and a 52 week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 21st were issued a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Thursday, August 21st.

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.