First Trust Low Duration Opportunities ETF $LMBS Stock Sold by Triumph Capital Management

Triumph Capital Management reduced its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 12.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 118,308 shares of the company’s stock after selling 16,816 shares during the quarter. First Trust Low Duration Opportunities ETF comprises 1.0% of Triumph Capital Management’s investment portfolio, making the stock its 19th largest position. Triumph Capital Management owned approximately 0.09% of First Trust Low Duration Opportunities ETF worth $5,733,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in LMBS. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of First Trust Low Duration Opportunities ETF during the first quarter valued at about $35,000. Motiv8 Investments LLC bought a new stake in First Trust Low Duration Opportunities ETF during the 4th quarter valued at approximately $56,000. NI Acquisitions Company LLC bought a new stake in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at approximately $67,000. Noble Wealth Management PBC bought a new stake in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at approximately $113,000. Finally, Highland Investment Advisors LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth approximately $174,000.

First Trust Low Duration Opportunities ETF Trading Up 0.0%

Shares of NASDAQ LMBS traded up $0.02 during mid-day trading on Wednesday, hitting $48.71. 494,618 shares of the stock traded hands, compared to its average volume of 571,339. The stock has a fifty day moving average price of $49.19 and a 200-day moving average price of $49.58. First Trust Low Duration Opportunities ETF has a 52 week low of $47.60 and a 52 week high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.17 dividend. The ex-dividend date was Thursday, September 24th. This represents a $2.04 dividend on an annualized basis and a yield of 4.2%.

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.