First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Petix & Botte Co

Petix & Botte Co lowered its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 213,509 shares of the company’s stock after selling 12,533 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for 2.4% of Petix & Botte Co’s investment portfolio, making the stock its 14th biggest position. Petix & Botte Co owned 0.17% of First Trust Low Duration Opportunities ETF worth $10,635,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Certified Advisory Corp raised its holdings in shares of First Trust Low Duration Opportunities ETF by 3.2% in the 1st quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock worth $321,000 after purchasing an additional 200 shares during the period. TrueWealth Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 3.7% during the 4th quarter. TrueWealth Advisors LLC now owns 5,797 shares of the company’s stock worth $290,000 after purchasing an additional 209 shares in the last quarter. Valley Financial Group Inc. increased its position in First Trust Low Duration Opportunities ETF by 1.9% during the 3rd quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock worth $663,000 after purchasing an additional 246 shares in the last quarter. Hazlett Burt & Watson Inc. raised its holdings 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 buying an additional 250 shares during the period. Finally, Pinnacle Bancorp Inc. lifted its position in First Trust Low Duration Opportunities ETF by 9.3% during the first quarter. Pinnacle Bancorp Inc. now owns 4,100 shares of the company’s stock valued at $204,000 after buying an additional 350 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of First Trust Low Duration Opportunities ETF stock traded up $0.03 during trading hours on Friday, hitting $49.69. The company’s stock had a trading volume of 372,972 shares, compared to its average volume of 573,977. The business has a fifty day moving average of $49.79 and a 200 day moving average of $49.99. First Trust Low Duration Opportunities ETF has a 1-year low of $47.87 and a 1-year high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

About First Trust Low Duration Opportunities ETF

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.