Wintrust Investments LLC Trims Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Wintrust Investments LLC cut its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 59.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,333 shares of the company’s stock after selling 84,600 shares during the period. Wintrust Investments LLC owned about 0.09% of First Trust Low Duration Opportunities ETF worth $2,963,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JNBA Financial Advisors purchased a new stake in First Trust Low Duration Opportunities ETF in the first quarter valued at $51,000. Flagship Harbor Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF by 33.8% in the second quarter. Flagship Harbor Advisors LLC now owns 1,365 shares of the company’s stock valued at $70,000 after acquiring an additional 345 shares during the last quarter. Huntington National Bank purchased a new stake in First Trust Low Duration Opportunities ETF in the second quarter valued at $72,000. Pittenger & Anderson Inc. purchased a new stake in First Trust Low Duration Opportunities ETF in the first quarter valued at $84,000. Finally, Icon Wealth Partners LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the first quarter valued at $84,000.

LMBS traded down $0.03 on Tuesday, reaching $52.00. The company had a trading volume of 1,281 shares, compared to its average volume of 447,413. First Trust Low Duration Opportunities ETF has a 1 year low of $50.78 and a 1 year high of $52.05. The stock has a 50-day moving average price of $51.84 and a 200-day moving average price of $51.47.



The firm also recently announced a monthly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 24th were issued a $0.117 dividend. The ex-dividend date of this dividend was Tuesday, July 23rd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.70%.

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

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