First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Traction Financial Partners LLC

Traction Financial Partners LLC cut its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,603 shares of the company’s stock after selling 1,314 shares during the period. First Trust Low Duration Opportunities ETF makes up approximately 1.3% of Traction Financial Partners LLC’s holdings, making the stock its 14th biggest position. Traction Financial Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,710,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Endowment Wealth Management Inc. grew its position in First Trust Low Duration Opportunities ETF by 8.2% during the third quarter. Endowment Wealth Management Inc. now owns 34,414 shares of the company’s stock valued at $1,700,000 after purchasing an additional 2,595 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 81.7% during the third quarter. Ashton Thomas Private Wealth LLC now owns 77,418 shares of the company’s stock worth $3,825,000 after acquiring an additional 34,817 shares in the last quarter. Proactive Wealth Strategies LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the third quarter worth $203,000. Harbour Investments Inc. boosted its position in First Trust Low Duration Opportunities ETF by 18.6% during the third quarter. Harbour Investments Inc. now owns 318,047 shares of the company’s stock valued at $15,715,000 after purchasing an additional 49,942 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its stake in First Trust Low Duration Opportunities ETF by 6.5% in the third quarter. Apollon Wealth Management LLC now owns 28,895 shares of the company’s stock valued at $1,428,000 after purchasing an additional 1,770 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of LMBS traded up $0.01 during midday trading on Thursday, reaching $48.75. 118,406 shares of the stock were exchanged, compared to its average volume of 474,300. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49. The firm has a 50 day simple moving average of $49.11 and a 200-day simple moving average of $48.66.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 22nd were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $2.04 annualized dividend and a dividend yield of 4.18%.

First Trust Low Duration Opportunities ETF Profile

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.