First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 231,771 shares of the company’s stock after selling 11,734 shares during the quarter. Janney Montgomery Scott LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $11,199,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in LMBS. Y.D. More Investments Ltd purchased a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter worth approximately $27,000. Harbor Investment Advisory LLC boosted 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 last quarter. Benjamin Edwards Inc. grew its position 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 valued at $180,000 after purchasing an additional 3,472 shares during the period. CWM LLC grew its position in shares of 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 increased its stake in First Trust Low Duration Opportunities ETF by 7.7% in the fourth quarter. OneAscent Financial Services LLC now owns 4,669 shares of the company’s stock valued at $226,000 after purchasing an additional 334 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

NASDAQ LMBS opened at $48.19 on Friday. The business’s 50-day moving average price is $47.98 and its 200 day moving average price is $47.97. First Trust Low Duration Opportunities ETF has a twelve month low of $46.58 and a twelve month high of $48.55.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th were issued a dividend of $0.175 per share. The ex-dividend date was Tuesday, April 23rd. This represents a $2.10 annualized dividend and a dividend yield of 4.36%.

About First Trust Low Duration Opportunities ETF

(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.

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

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