First Trust Low Duration Opportunities ETF $LMBS Stock Holdings Lessened by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC trimmed its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 82.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,678 shares of the company’s stock after selling 149,035 shares during the quarter. Kingsview Wealth Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LMBS. Palisade Asset Management LLC bought a new position in First Trust Low Duration Opportunities ETF during the third quarter valued at approximately $26,000. Hazlett Burt & Watson Inc. raised its position in First Trust Low Duration Opportunities ETF by 160.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $32,000 after acquiring an additional 400 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $69,000. Pinnacle Bancorp Inc. raised its position in First Trust Low Duration Opportunities ETF by 13.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 3,750 shares of the company’s stock valued at $187,000 after acquiring an additional 450 shares in the last quarter. Finally, Commonwealth Financial Services LLC bought a new position in First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $202,000.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS opened at $49.83 on Monday. The firm’s 50 day moving average price is $49.88 and its 200 day moving average price is $50.04. First Trust Low Duration Opportunities ETF has a twelve month low of $47.87 and a twelve month high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were given a dividend of $0.17 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, May 21st.

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.