EWG Elevate Inc. Sells 66,123 Shares of First Trust Low Duration Opportunities ETF $LMBS

EWG Elevate Inc. trimmed its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 32.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 137,579 shares of the company’s stock after selling 66,123 shares during the period. First Trust Low Duration Opportunities ETF comprises approximately 2.1% of EWG Elevate Inc.’s portfolio, making the stock its 9th biggest holding. EWG Elevate Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $6,850,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Team Financial Group LLC increased its holdings in First Trust Low Duration Opportunities ETF by 6.0% in the third quarter. Team Financial Group LLC now owns 21,627 shares of the company’s stock valued at $1,077,000 after buying an additional 1,219 shares in the last quarter. Searcy Financial Services Inc. ADV grew its position in shares of First Trust Low Duration Opportunities ETF by 3.1% during the 3rd quarter. Searcy Financial Services Inc. ADV now owns 407,431 shares of the company’s stock valued at $20,286,000 after acquiring an additional 12,081 shares during the period. Inspirion Wealth Advisors LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 0.5% in the 3rd quarter. Inspirion Wealth Advisors LLC now owns 424,638 shares of the company’s stock valued at $20,981,000 after purchasing an additional 2,188 shares in the last quarter. Grove Bank & Trust raised its holdings in First Trust Low Duration Opportunities ETF by 19.9% in the 3rd quarter. Grove Bank & Trust now owns 188,014 shares of the company’s stock worth $9,361,000 after purchasing an additional 31,237 shares during the period. Finally, Dominguez Wealth Management Solutions Inc. boosted its position in First Trust Low Duration Opportunities ETF by 0.8% during the third quarter. Dominguez Wealth Management Solutions Inc. now owns 64,765 shares of the company’s stock worth $3,225,000 after purchasing an additional 493 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS opened at $49.99 on Wednesday. First Trust Low Duration Opportunities ETF has a 12 month low of $48.32 and a 12 month high of $50.25. The stock’s 50 day moving average is $49.99 and its two-hundred day moving average is $49.62.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Friday, December 12th. 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.