Clifford Swan Investment Counsel LLC Sells 11,332 Shares of First Trust Low Duration Opportunities ETF $LMBS

Clifford Swan Investment Counsel LLC cut its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 291,821 shares of the company’s stock after selling 11,332 shares during the quarter. Clifford Swan Investment Counsel LLC owned 0.24% of First Trust Low Duration Opportunities ETF worth $14,536,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Palisade Asset Management LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $26,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of First Trust Low Duration Opportunities ETF during the first quarter valued at about $35,000. Bank of Montreal Can grew its stake in shares of First Trust Low Duration Opportunities ETF by 169.0% during the fourth quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $37,000 after buying an additional 463 shares during the last quarter. Hazlett Burt & Watson Inc. increased its holdings in shares of First Trust Low Duration Opportunities ETF by 38.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after buying an additional 250 shares during the period. Finally, Motiv8 Investments LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 4th quarter valued at about $56,000.

First Trust Low Duration Opportunities ETF Stock Down 0.0%

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.78 on Friday. First Trust Low Duration Opportunities ETF has a one year low of $47.87 and a one year high of $51.98. The business’s 50 day simple moving average is $49.77 and its two-hundred day simple moving average is $49.98.

First Trust Low Duration Opportunities ETF Announces Dividend

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

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.