First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. trimmed its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 126,516 shares of the company’s stock after selling 9,689 shares during the period. Stratos Wealth Partners LTD. owned 0.12% of First Trust Low Duration Opportunities ETF worth $6,232,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in LMBS. Wealth Enhancement Advisory Services LLC grew its stake in First Trust Low Duration Opportunities ETF by 25.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 38,074 shares of the company’s stock valued at $1,872,000 after acquiring an additional 7,700 shares during the last quarter. Sowell Financial Services LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 1st quarter worth about $298,000. Envestnet Portfolio Solutions Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 2.3% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 189,533 shares of the company’s stock worth $9,317,000 after purchasing an additional 4,329 shares during the last quarter. Center for Financial Planning Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 10.5% during the 1st quarter. Center for Financial Planning Inc. now owns 85,359 shares of the company’s stock worth $4,196,000 after purchasing an additional 8,116 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 3.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 468,274 shares of the company’s stock worth $23,020,000 after purchasing an additional 17,234 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.1%

First Trust Low Duration Opportunities ETF stock opened at $50.16 on Friday. First Trust Low Duration Opportunities ETF has a 12-month low of $48.32 and a 12-month high of $50.25. The firm’s 50-day moving average is $49.76 and its two-hundred day moving average is $49.29.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a dividend of $0.17 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, September 25th.

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.