Trilogy Capital Inc. Sells 15,037 Shares of First Trust Low Duration Opportunities ETF $LMBS

Trilogy Capital Inc. trimmed its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 488,069 shares of the company’s stock after selling 15,037 shares during the period. First Trust Low Duration Opportunities ETF makes up 1.1% of Trilogy Capital Inc.’s investment portfolio, making the stock its 19th biggest holding. Trilogy Capital Inc. owned approximately 0.44% of First Trust Low Duration Opportunities ETF worth $24,301,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE grew its position in shares of First Trust Low Duration Opportunities ETF by 18.0% in the second quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock valued at $80,319,000 after purchasing an additional 248,784 shares in the last quarter. Raymond James Financial Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 5.4% in the 2nd quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock worth $177,115,000 after purchasing an additional 185,249 shares during the period. Vestmark Advisory Solutions Inc. grew its holdings in First Trust Low Duration Opportunities ETF by 104.0% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 363,206 shares of the company’s stock valued at $17,892,000 after buying an additional 185,184 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of First Trust Low Duration Opportunities ETF by 139.4% during the second quarter. Geneos Wealth Management Inc. now owns 305,634 shares of the company’s stock valued at $15,056,000 after buying an additional 177,987 shares during the period. Finally, Redhawk Wealth Advisors Inc. purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter worth about $8,650,000.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock opened at $50.18 on Friday. The firm has a 50 day moving average of $50.00 and a 200-day moving average of $49.74. 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 firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a c) annualized dividend and a yield of 4.1%.

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.