Apollon Wealth Management LLC Sells 16,353 Shares of First Trust Low Duration Opportunities ETF $LMBS

Apollon Wealth Management LLC decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 36.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 28,404 shares of the company’s stock after selling 16,353 shares during the quarter. Apollon Wealth Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,415,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Certified Advisory Corp raised its stake in shares of First Trust Low Duration Opportunities ETF by 3.2% in the first quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock valued at $321,000 after acquiring an additional 200 shares in the last quarter. TrueWealth Advisors LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 3.7% in the fourth quarter. TrueWealth Advisors LLC now owns 5,797 shares of the company’s stock valued at $290,000 after purchasing an additional 209 shares in the last quarter. Valley Financial Group Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 1.9% in the 3rd quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock valued at $663,000 after buying an additional 246 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 38.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after acquiring an additional 250 shares in the last quarter. Finally, Lake Street Private Wealth LLC grew its stake in First Trust Low Duration Opportunities ETF by 7.6% during the 4th quarter. Lake Street Private Wealth LLC now owns 5,945 shares of the company’s stock worth $297,000 after buying an additional 419 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.1%

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.74 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $47.87 and a 12 month high of $51.98. The firm’s fifty day simple moving average is $49.83 and its 200-day simple moving average is $50.00.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a c) annualized dividend and a yield of 4.1%.

First Trust Low Duration Opportunities ETF 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.