First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Stake Trimmed by Darwin Wealth Management LLC

Darwin Wealth Management LLC lessened its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 238,786 shares of the company’s stock after selling 20,118 shares during the quarter. First Trust Low Duration Opportunities ETF makes up 3.1% of Darwin Wealth Management LLC’s investment portfolio, making the stock its 7th largest holding. Darwin Wealth Management LLC owned 0.29% of First Trust Low Duration Opportunities ETF worth $11,538,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Northwest Wealth Management LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 2.9% during the 3rd quarter. Northwest Wealth Management LLC now owns 7,739 shares of the company’s stock worth $366,000 after buying an additional 216 shares during the period. Trilogy Capital Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 1.1% during the fourth quarter. Trilogy Capital Inc. now owns 20,531 shares of the company’s stock valued at $992,000 after buying an additional 231 shares during the period. IFG Advisory LLC raised its position in First Trust Low Duration Opportunities ETF by 1.8% during the fourth quarter. IFG Advisory LLC now owns 15,021 shares of the company’s stock valued at $726,000 after purchasing an additional 259 shares in the last quarter. OneAscent Financial Services LLC raised its position in First Trust Low Duration Opportunities ETF by 7.7% during the fourth quarter. OneAscent Financial Services LLC now owns 4,669 shares of the company’s stock valued at $226,000 after purchasing an additional 334 shares in the last quarter. Finally, Rathbones Group PLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 7.4% in the third quarter. Rathbones Group PLC now owns 5,496 shares of the company’s stock worth $260,000 after buying an additional 380 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

LMBS traded down $0.04 during mid-day trading on Friday, reaching $48.02. 40,962 shares of the company traded hands, compared to its average volume of 492,088. The company’s fifty day moving average price is $47.99 and its 200-day moving average price is $47.90. First Trust Low Duration Opportunities ETF has a 52-week low of $46.58 and a 52-week high of $48.55.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th were issued a $0.175 dividend. This represents a $2.10 annualized dividend and a yield of 4.37%. The ex-dividend date of this dividend was Tuesday, April 23rd.

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.