First Heartland Consultants Inc. Has $252,000 Stock Position in First Trust Low Duration Opportunities ETF $LMBS

First Heartland Consultants Inc. lessened its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 95.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,052 shares of the company’s stock after selling 108,887 shares during the period. First Heartland Consultants Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $252,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. CX Institutional bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter worth approximately $28,000. Financial Network Wealth Advisors LLC acquired a new position in First Trust Low Duration Opportunities ETF during the third quarter worth $29,000. Creekmur Asset Management LLC increased its holdings in First Trust Low Duration Opportunities ETF by 497.2% during the second quarter. Creekmur Asset Management LLC now owns 633 shares of the company’s stock worth $31,000 after buying an additional 527 shares during the last quarter. Hollencrest Capital Management bought a new stake in First Trust Low Duration Opportunities ETF during the second quarter worth $31,000. Finally, Hazlett Burt & Watson Inc. lifted its stake in First Trust Low Duration Opportunities ETF by 160.0% in 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 during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS opened at $50.33 on Thursday. The firm has a 50-day moving average of $50.15 and a 200-day moving average of $49.97. First Trust Low Duration Opportunities ETF has a one year low of $48.37 and a one year high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be issued a dividend of $0.17 per share. The ex-dividend date is Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

First Trust Low Duration Opportunities ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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