First Trust Low Duration Opportunities ETF $LMBS Shares Sold by NBT Bank N A NY

NBT Bank N A NY lessened its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.1% in the second quarter, Holdings Channel.com reports. The fund owned 7,301 shares of the company’s stock after selling 237 shares during the quarter. NBT Bank N A NY’s holdings in First Trust Low Duration Opportunities ETF were worth $360,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bellevue Asset Management LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 1.8% in the second quarter. Bellevue Asset Management LLC now owns 176,778 shares of the company’s stock valued at $8,708,000 after purchasing an additional 3,131 shares in the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at $218,000. Country Club Bank lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 55.8% in the second quarter. Country Club Bank now owns 42,033 shares of the company’s stock valued at $2,067,000 after purchasing an additional 15,050 shares in the last quarter. Heck Capital Advisors LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 4.0% in the second quarter. Heck Capital Advisors LLC now owns 453,087 shares of the company’s stock valued at $22,319,000 after purchasing an additional 17,517 shares in the last quarter. Finally, Belpointe Asset Management LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 7.2% in the second quarter. Belpointe Asset Management LLC now owns 53,330 shares of the company’s stock valued at $2,627,000 after purchasing an additional 3,580 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS opened at $49.87 on Friday. The stock has a fifty day moving average of $49.69 and a 200-day moving average of $49.25. First Trust Low Duration Opportunities ETF has a 12-month low of $48.32 and a 12-month high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.