Silver Oak Securities Incorporated Trims Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

Silver Oak Securities Incorporated lowered its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 51.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,167 shares of the company’s stock after selling 61,649 shares during the period. Silver Oak Securities Incorporated’s holdings in First Trust Low Duration Opportunities ETF were worth $2,847,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Kestra Private Wealth Services LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 7.8% in the 1st quarter. Kestra Private Wealth Services LLC now owns 405,775 shares of the company’s stock worth $20,212,000 after buying an additional 29,361 shares during the period. RFG Advisory LLC raised its holdings in First Trust Low Duration Opportunities ETF by 136.5% during the 1st quarter. RFG Advisory LLC now owns 120,237 shares of the company’s stock valued at $5,989,000 after acquiring an additional 69,392 shares during the period. Centennial Wealth Advisory LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 90.4% during the first quarter. Centennial Wealth Advisory LLC now owns 250,985 shares of the company’s stock worth $12,502,000 after acquiring an additional 119,195 shares in the last quarter. Faithward Advisors LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 8.1% during the first quarter. Faithward Advisors LLC now owns 18,004 shares of the company’s stock worth $897,000 after acquiring an additional 1,356 shares in the last quarter. Finally, Certified Advisory Corp lifted its position in shares of First Trust Low Duration Opportunities ETF by 3.2% during the first quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock worth $321,000 after acquiring an additional 200 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.2%

First Trust Low Duration Opportunities ETF stock opened at $49.94 on Thursday. First Trust Low Duration Opportunities ETF has a one year low of $47.87 and a one year high of $51.98. The business has a fifty day moving average price of $49.87 and a 200-day moving average price of $50.01.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 21st were paid a $0.17 dividend. The ex-dividend date was Thursday, May 21st. This represents a c) annualized dividend and a yield of 4.1%.

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.