First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Key Client Fiduciary Advisors LLC

Key Client Fiduciary Advisors LLC cut its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 13.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,540 shares of the company’s stock after selling 1,035 shares during the period. Key Client Fiduciary Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $318,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in LMBS. Beacon Financial Advisory LLC grew its position in First Trust Low Duration Opportunities ETF by 12.2% during the third quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock valued at $343,000 after acquiring an additional 754 shares during the period. Claro Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 2.9% during the 4th quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock worth $431,000 after purchasing an additional 249 shares during the period. TFB Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 13.8% during the 3rd quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock worth $657,000 after purchasing an additional 1,613 shares in the last quarter. TL Private Wealth raised its holdings in First Trust Low Duration Opportunities ETF by 0.9% in the third quarter. TL Private Wealth now owns 305,513 shares of the company’s stock valued at $14,943,000 after buying an additional 2,686 shares during the period. Finally, Braun Bostich & Associates Inc. lifted its position in First Trust Low Duration Opportunities ETF by 10.8% during the third quarter. Braun Bostich & Associates Inc. now owns 80,476 shares of the company’s stock valued at $3,976,000 after buying an additional 7,824 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.0 %

LMBS opened at $48.52 on Friday. The company has a 50 day moving average of $48.71 and a two-hundred day moving average of $48.88. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $2.04 annualized dividend and a yield of 4.20%.

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.