Hamilton Wealth LLC Decreases Holdings in First Trust Low Duration Opportunities ETF $LMBS

Hamilton Wealth LLC trimmed its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 69.2% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 17,165 shares of the company’s stock after selling 38,616 shares during the quarter. Hamilton Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $855,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. CX Institutional bought a new position in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $28,000. Financial Network Wealth Advisors LLC bought a new stake in First Trust Low Duration Opportunities ETF in the third quarter worth $29,000. Hollencrest Capital Management purchased a new stake in First Trust Low Duration Opportunities ETF during the second quarter valued at about $31,000. Hazlett Burt & Watson Inc. boosted its position in First Trust Low Duration Opportunities ETF by 160.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $32,000 after buying an additional 400 shares during the period. Finally, Asset Dedication LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter valued at about $67,000.

First Trust Low Duration Opportunities ETF Trading Down 0.1%

LMBS opened at $50.00 on Monday. First Trust Low Duration Opportunities ETF has a 12 month low of $48.37 and a 12 month high of $51.98. The business’s 50-day moving average price is $50.21 and its 200-day moving average price is $50.03.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were paid a $0.17 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Friday, February 20th.

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.