Lincoln National Corp Sells 3,393 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Lincoln National Corp decreased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 29.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,989 shares of the company’s stock after selling 3,393 shares during the period. Lincoln National Corp’s holdings in First Trust Low Duration Opportunities ETF were worth $386,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Y.D. More Investments Ltd acquired a new stake in First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $27,000. Harbor Investment Advisory LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 26.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,155 shares of the company’s stock worth $104,000 after purchasing an additional 445 shares during the period. Benjamin Edwards Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 1,405.7% in the fourth quarter. Benjamin Edwards Inc. now owns 3,719 shares of the company’s stock worth $180,000 after purchasing an additional 3,472 shares during the last quarter. CWM LLC increased its holdings in First Trust Low Duration Opportunities ETF by 17.1% in the fourth quarter. CWM LLC now owns 4,658 shares of the company’s stock valued at $225,000 after purchasing an additional 679 shares during the period. Finally, OneAscent Financial Services LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 7.7% during the 4th quarter. OneAscent Financial Services LLC now owns 4,669 shares of the company’s stock worth $226,000 after buying an additional 334 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS stock opened at $48.05 on Monday. First Trust Low Duration Opportunities ETF has a 1-year low of $46.58 and a 1-year high of $48.55. The stock has a 50-day moving average of $47.99 and a 200-day moving average of $47.92.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th were paid a dividend of $0.175 per share. The ex-dividend date of this dividend was Tuesday, April 23rd. This represents a $2.10 annualized dividend and a yield of 4.37%.

First Trust Low Duration Opportunities ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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