Farther Finance Advisors LLC Sells 14,780 Shares of First Trust Low Duration Opportunities ETF $LMBS

Farther Finance Advisors LLC lessened its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 74.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,102 shares of the company’s stock after selling 14,780 shares during the period. Farther Finance Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $251,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Golden State Wealth Management LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 1,812.4% during the 1st quarter. Golden State Wealth Management LLC now owns 4,781 shares of the company’s stock worth $235,000 after acquiring an additional 4,531 shares during the period. Dynamic Advisor Solutions LLC increased its position in First Trust Low Duration Opportunities ETF by 14.8% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 9,933 shares of the company’s stock worth $488,000 after purchasing an additional 1,282 shares in the last quarter. Sowell Financial Services LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 1st quarter worth approximately $298,000. Wealth Enhancement Advisory Services LLC increased its position in First Trust Low Duration Opportunities ETF by 25.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 38,074 shares of the company’s stock worth $1,872,000 after purchasing an additional 7,700 shares in the last quarter. Finally, Signal Advisors Wealth LLC increased its position in First Trust Low Duration Opportunities ETF by 23.4% during the 2nd quarter. Signal Advisors Wealth LLC now owns 5,657 shares of the company’s stock worth $279,000 after purchasing an additional 1,073 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

LMBS stock opened at $49.79 on Wednesday. The company has a 50 day simple moving average of $49.59 and a 200 day simple moving average of $49.22. First Trust Low Duration Opportunities ETF has a 1 year low of $48.32 and a 1 year high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given 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, September 25th.

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.