Aaron Wealth Advisors LLC Sells 15,730 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Aaron Wealth Advisors LLC cut its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 253,270 shares of the company’s stock after selling 15,730 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 1.4% of Aaron Wealth Advisors LLC’s holdings, making the stock its 13th biggest holding. Aaron Wealth Advisors LLC owned about 0.26% of First Trust Low Duration Opportunities ETF worth $12,327,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 12.2% during the third quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after acquiring an additional 929,010 shares during the last quarter. Cetera Investment Advisers raised its position in shares of First Trust Low Duration Opportunities ETF by 17.5% during the second quarter. Cetera Investment Advisers now owns 940,225 shares of the company’s stock worth $45,178,000 after acquiring an additional 140,132 shares during the last quarter. Raymond James & Associates raised its position in shares of First Trust Low Duration Opportunities ETF by 6.0% during the third quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock worth $40,014,000 after acquiring an additional 45,961 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 7.0% during the third quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock worth $37,209,000 after acquiring an additional 48,939 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of First Trust Low Duration Opportunities ETF by 12.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 698,281 shares of the company’s stock worth $33,552,000 after acquiring an additional 78,879 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS opened at $48.72 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49. The business has a 50-day moving average of $48.71 and a 200-day moving average of $48.87.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.17 per share. The ex-dividend date was Friday, December 13th. This represents a $2.04 annualized dividend and a yield of 4.19%.

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.