First Trust Low Duration Opportunities ETF $LMBS Stock Position Lowered by Global Assets Advisory LLC

Global Assets Advisory LLC decreased its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 66.9% in the second quarter, HoldingsChannel reports. The firm owned 26,585 shares of the company’s stock after selling 53,770 shares during the period. Global Assets Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,310,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. SouthState Corp acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter worth $82,000. Rossby Financial LCC acquired a new position in First Trust Low Duration Opportunities ETF during the first quarter valued at $87,000. Clarity Capital Partners LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the 1st quarter worth about $203,000. Rathbones Group PLC acquired a new stake in First Trust Low Duration Opportunities ETF during the 1st quarter worth about $209,000. Finally, Parallel Advisors LLC grew its stake in First Trust Low Duration Opportunities ETF by 15.9% during the 2nd quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock valued at $213,000 after acquiring an additional 593 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.1%

Shares of LMBS opened at $49.90 on Monday. The business’s 50-day moving average is $49.63 and its 200-day moving average is $49.23. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.32 and a fifty-two week high of $50.25.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

First Trust Low Duration Opportunities ETF Company Profile

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.