SSI Investment Management LLC Sells 334 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

SSI Investment Management LLC lessened its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 0.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,704 shares of the company’s stock after selling 334 shares during the quarter. SSI Investment Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $6,804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Hershey Financial Advisers LLC bought a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter valued at approximately $30,000. Hilltop National Bank purchased a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter worth about $42,000. Chris Bulman Inc bought a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at about $43,000. Triad Wealth Partners LLC bought a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at about $44,000. Finally, GAMMA Investing LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter valued at about $62,000.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

NASDAQ:LMBS opened at $48.77 on Thursday. The company has a 50 day simple moving average of $49.05 and a two-hundred day simple moving average of $48.70. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

First Trust Low Duration Opportunities ETF Company 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.