First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. decreased its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 29.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,043 shares of the company’s stock after selling 11,177 shares during the quarter. Wedbush Securities Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $1,346,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. CX Institutional purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter worth $28,000. Financial Network Wealth Advisors LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at about $29,000. Creekmur Asset Management LLC increased its position in First Trust Low Duration Opportunities ETF by 497.2% during the second quarter. Creekmur Asset Management LLC now owns 633 shares of the company’s stock worth $31,000 after purchasing an additional 527 shares during the last quarter. Hollencrest Capital Management purchased a new position in First Trust Low Duration Opportunities ETF during the second quarter worth about $31,000. Finally, Hazlett Burt & Watson Inc. boosted its holdings in First Trust Low Duration Opportunities ETF by 160.0% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $32,000 after purchasing an additional 400 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

First Trust Low Duration Opportunities ETF stock opened at $50.43 on Friday. The firm has a 50 day simple moving average of $50.09 and a 200-day simple moving average of $49.91. First Trust Low Duration Opportunities ETF has a 1-year low of $48.37 and a 1-year high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were given a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Wednesday, January 21st.

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.