Clear Creek Financial Management LLC Trims Position in First Trust Low Duration Opportunities ETF $LMBS

Clear Creek Financial Management LLC decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 36.7% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 123,211 shares of the company’s stock after selling 71,378 shares during the quarter. Clear Creek Financial Management LLC owned approximately 0.12% of First Trust Low Duration Opportunities ETF worth $6,069,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. SouthState Corp bought a new position in shares of First Trust Low Duration Opportunities ETF in the first quarter worth about $82,000. Rossby Financial LCC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the first quarter valued at about $87,000. Clarity Capital Partners LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the first quarter valued at about $203,000. Rathbones Group PLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter worth about $209,000. Finally, Parallel Advisors LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 15.9% in the second quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock worth $213,000 after buying an additional 593 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.88 on Thursday. The stock has a 50 day moving average of $49.67 and a 200 day moving average of $49.24. First Trust Low Duration Opportunities ETF has a 12 month low of $48.32 and a 12 month high of $50.25.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.17 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

About First Trust Low Duration Opportunities ETF

(Free Report)

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.

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

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