Laraway Financial Advisors Inc Sells 556 Shares of First Trust Low Duration Opportunities ETF $LMBS

Laraway Financial Advisors Inc decreased its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,093 shares of the company’s stock after selling 556 shares during the quarter. Laraway Financial Advisors Inc’s holdings in First Trust Low Duration Opportunities ETF were worth $448,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in First Trust Low Duration Opportunities ETF by 4,472.9% during the 1st quarter. GAMMA Investing LLC now owns 64,203 shares of the company’s stock valued at $3,156,000 after acquiring an additional 62,799 shares during the period. KMG Fiduciary Partners LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 1.6% during the first quarter. KMG Fiduciary Partners LLC now owns 46,098 shares of the company’s stock valued at $2,266,000 after purchasing an additional 717 shares during the last quarter. Priebe Wealth Holdings LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 1st quarter worth approximately $477,000. Destiny Wealth Partners LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 8.2% in the 1st quarter. Destiny Wealth Partners LLC now owns 54,679 shares of the company’s stock worth $2,688,000 after buying an additional 4,125 shares during the last quarter. Finally, City Holding Co. grew its stake in shares of First Trust Low Duration Opportunities ETF by 27.5% in the 1st quarter. City Holding Co. now owns 52,581 shares of the company’s stock worth $2,584,000 after buying an additional 11,353 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.1%

Shares of NASDAQ:LMBS opened at $49.86 on Tuesday. The stock has a fifty day simple moving average of $49.65 and a two-hundred day simple moving average of $49.24. 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 Dividend Announcement

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