Stephens Inc. AR Sells 195,848 Shares of First Trust Low Duration Opportunities ETF $LMBS

Stephens Inc. AR trimmed its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 54.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 162,743 shares of the company’s stock after selling 195,848 shares during the period. Stephens Inc. AR owned about 0.13% of First Trust Low Duration Opportunities ETF worth $8,106,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of LMBS. Berger Financial Group Inc grew its position in shares of First Trust Low Duration Opportunities ETF by 6.9% in the 1st quarter. Berger Financial Group Inc now owns 1,127,689 shares of the company’s stock valued at $56,170,000 after purchasing an additional 72,760 shares during the period. Walkner Condon Financial Advisors LLC lifted its stake in First Trust Low Duration Opportunities ETF by 3.3% in the first quarter. Walkner Condon Financial Advisors LLC now owns 434,819 shares of the company’s stock valued at $21,658,000 after buying an additional 13,892 shares in the last quarter. NBT Bank N A NY boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 14,386.0% in the first quarter. NBT Bank N A NY now owns 7,243 shares of the company’s stock valued at $361,000 after buying an additional 7,193 shares during the period. Private Advisor Group LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 7.2% during the first quarter. Private Advisor Group LLC now owns 584,447 shares of the company’s stock worth $29,111,000 after acquiring an additional 39,466 shares in the last quarter. Finally, Patten Group Inc. increased its position in shares of First Trust Low Duration Opportunities ETF by 3.0% during the first quarter. Patten Group Inc. now owns 39,293 shares of the company’s stock worth $1,957,000 after acquiring an additional 1,134 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.2%

Shares of NASDAQ:LMBS traded down $0.12 during midday trading on Tuesday, reaching $49.72. 189,103 shares of the company were exchanged, compared to its average volume of 564,442. First Trust Low Duration Opportunities ETF has a fifty-two week low of $47.87 and a fifty-two week high of $51.98. The stock has a fifty day simple moving average of $49.82 and a two-hundred day simple moving average of $50.00.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a c) annualized dividend and a dividend 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.