First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Simplicity Wealth LLC

Simplicity Wealth LLC decreased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 51.0% in the third quarter, HoldingsChannel.com reports. The firm owned 11,920 shares of the company’s stock after selling 12,426 shares during the quarter. Simplicity Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $593,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Insight Inv LLC increased its stake in First Trust Low Duration Opportunities ETF by 48.1% during the 3rd quarter. Insight Inv LLC now owns 38,167 shares of the company’s stock worth $1,900,000 after buying an additional 12,397 shares in the last quarter. CoreCap Advisors LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 16.6% in the third quarter. CoreCap Advisors LLC now owns 99,346 shares of the company’s stock worth $4,946,000 after acquiring an additional 14,151 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 6.1% in the third quarter. Cerity Partners LLC now owns 431,911 shares of the company’s stock worth $21,505,000 after acquiring an additional 24,782 shares during the last quarter. Csenge Advisory Group increased its position in shares of First Trust Low Duration Opportunities ETF by 4.3% during the third quarter. Csenge Advisory Group now owns 768,104 shares of the company’s stock worth $38,244,000 after purchasing an additional 31,611 shares in the last quarter. Finally, Centennial Wealth Advisory LLC raised its stake in First Trust Low Duration Opportunities ETF by 53.1% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 126,788 shares of the company’s stock valued at $6,313,000 after purchasing an additional 43,952 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock opened at $50.03 on Friday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.37 and a fifty-two week high of $51.98. The stock’s fifty day moving average is $50.04 and its two-hundred day moving average is $49.81.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, January 21st will be given a dividend of $0.17 per share. The ex-dividend date is Wednesday, January 21st. 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.