First Trust Low Duration Opportunities ETF $LMBS Stock Sold by IFP Advisors Inc

IFP Advisors Inc trimmed its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 26.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 199,587 shares of the company’s stock after selling 70,762 shares during the quarter. IFP Advisors Inc owned approximately 0.15% of First Trust Low Duration Opportunities ETF worth $9,672,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Certified Advisory Corp boosted its holdings 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 valued at $321,000 after purchasing an additional 200 shares during the last quarter. Helium Advisors LLC boosted its stake in First Trust Low Duration Opportunities ETF by 1.0% during the first quarter. Helium Advisors LLC now owns 20,861 shares of the company’s stock valued at $1,039,000 after buying an additional 210 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in First Trust Low Duration Opportunities ETF by 0.7% during the 1st quarter. Sanctuary Advisors LLC now owns 47,689 shares of the company’s stock valued at $2,375,000 after buying an additional 318 shares in the last quarter. Pinnacle Bancorp Inc. increased its stake 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 acquiring an additional 350 shares during the last quarter. Finally, True Blue Financial LLC increased its stake in First Trust Low Duration Opportunities ETF by 1.2% in the 1st quarter. True Blue Financial LLC now owns 30,141 shares of the company’s stock worth $1,501,000 after acquiring an additional 357 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.0%

First Trust Low Duration Opportunities ETF stock opened at $48.73 on Friday. The firm’s fifty day moving average is $49.15 and its 200 day moving average is $49.57. First Trust Low Duration Opportunities ETF has a 52-week low of $47.60 and a 52-week high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a $0.17 dividend. The ex-dividend date was Thursday, September 24th. This represents a $2.04 dividend on an annualized basis 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.