First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Northeast Planning Associates INC. NH

Northeast Planning Associates INC. NH decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 22.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,042 shares of the company’s stock after selling 15,604 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 1.8% of Northeast Planning Associates INC. NH’s holdings, making the stock its 16th biggest position. Northeast Planning Associates INC. NH’s holdings in First Trust Low Duration Opportunities ETF were worth $2,465,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of LMBS. Palisade Asset Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter worth approximately $26,000. Whittier Trust Co. of Nevada Inc. acquired a new position in First Trust Low Duration Opportunities ETF during the first quarter worth $35,000. Bank of Montreal Can raised its holdings in First Trust Low Duration Opportunities ETF by 169.0% during the fourth quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $37,000 after purchasing an additional 463 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in First Trust Low Duration Opportunities ETF by 38.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after purchasing an additional 250 shares in the last quarter. Finally, Coppell Advisory Solutions LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the second quarter worth $49,000.

First Trust Low Duration Opportunities ETF Price Performance

First Trust Low Duration Opportunities ETF stock opened at $49.49 on Friday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $47.87 and a fifty-two week high of $51.98. The stock’s fifty day moving average is $49.61 and its two-hundred day moving average is $49.84.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were given a $0.17 dividend. The ex-dividend date was Friday, August 21st. This represents a c) annualized dividend and a dividend 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.