First Trust Low Duration Opportunities ETF $LMBS Shares Sold by KOM Wealth Management Group LLC

KOM Wealth Management Group LLC decreased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 90.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 4,301 shares of the company’s stock after selling 42,332 shares during the period. KOM Wealth Management Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $208,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in First Trust Low Duration Opportunities ETF by 13.0% in the first quarter. Royal Bank of Canada now owns 3,242,866 shares of the company’s stock worth $161,527,000 after acquiring an additional 372,725 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of First Trust Low Duration Opportunities ETF by 7.2% during the first quarter. Cetera Investment Advisers now owns 2,551,727 shares of the company’s stock valued at $127,102,000 after purchasing an additional 171,648 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of First Trust Low Duration Opportunities ETF by 11.9% during the first quarter. Bank of America Corp DE now owns 2,001,550 shares of the company’s stock valued at $99,697,000 after purchasing an additional 212,258 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of First Trust Low Duration Opportunities ETF by 15.1% during the first quarter. First Trust Advisors LP now owns 1,520,880 shares of the company’s stock valued at $75,755,000 after purchasing an additional 199,426 shares during the last quarter. Finally, Berger Financial Group Inc grew its holdings in shares of First Trust Low Duration Opportunities ETF by 6.9% during the first quarter. Berger Financial Group Inc now owns 1,127,689 shares of the company’s stock valued at $56,170,000 after purchasing an additional 72,760 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

Shares of First Trust Low Duration Opportunities ETF stock opened at $48.75 on Friday. The business’s 50 day simple moving average is $49.17 and its 200-day simple moving average is $49.57. First Trust Low Duration Opportunities ETF has a twelve month low of $47.60 and a twelve month high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend 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.