First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Petix & Botte Co

Petix & Botte Co lowered its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 277,213 shares of the company’s stock after selling 18,006 shares during the quarter. First Trust Low Duration Opportunities ETF comprises about 3.4% of Petix & Botte Co’s holdings, making the stock its 7th largest position. Petix & Botte Co’s holdings in First Trust Low Duration Opportunities ETF were worth $13,655,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LMBS. Raymond James Financial Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 11.2% in the 1st quarter. Raymond James Financial Inc. now owns 3,410,262 shares of the company’s stock valued at $167,648,000 after purchasing an additional 343,406 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 92.9% in the first quarter. HighTower Advisors LLC now owns 706,227 shares of the company’s stock valued at $34,718,000 after acquiring an additional 340,107 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its stake in shares of First Trust Low Duration Opportunities ETF by 104.0% during the second quarter. Vestmark Advisory Solutions Inc. now owns 363,206 shares of the company’s stock worth $17,892,000 after acquiring an additional 185,184 shares during the period. Redhawk Wealth Advisors Inc. purchased a new position in First Trust Low Duration Opportunities ETF during the second quarter worth about $8,650,000. Finally, Geneos Wealth Management Inc. lifted its position in First Trust Low Duration Opportunities ETF by 139.0% in the first quarter. Geneos Wealth Management Inc. now owns 300,098 shares of the company’s stock valued at $14,753,000 after purchasing an additional 174,545 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.0%

NASDAQ LMBS opened at $50.02 on Thursday. The business’s 50 day moving average is $49.93 and its two-hundred day moving average is $49.43. 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 Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Tuesday, October 21st were given a dividend of $0.17 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Tuesday, October 21st.

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.