Retirement Guys Formula LLC Has $307,000 Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Retirement Guys Formula LLC trimmed its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 37.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,350 shares of the company’s stock after selling 3,765 shares during the quarter. Retirement Guys Formula LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $307,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Clarus Wealth Advisors bought a new position in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth $419,000. Mainsail Financial Group LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 4.3% during the fourth quarter. Mainsail Financial Group LLC now owns 67,341 shares of the company’s stock worth $3,257,000 after purchasing an additional 2,793 shares in the last quarter. Atlas Private Wealth Management boosted its position in shares of First Trust Low Duration Opportunities ETF by 0.8% during the fourth quarter. Atlas Private Wealth Management now owns 158,014 shares of the company’s stock worth $7,635,000 after purchasing an additional 1,205 shares in the last quarter. Patriot Financial Group Insurance Agency LLC bought a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter valued at $313,000. Finally, Financial Enhancement Group LLC lifted its position in First Trust Low Duration Opportunities ETF by 68.4% in the 4th quarter. Financial Enhancement Group LLC now owns 568,483 shares of the company’s stock valued at $27,492,000 after acquiring an additional 230,895 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

LMBS traded down $0.03 during trading on Tuesday, hitting $48.03. The company had a trading volume of 57,594 shares, compared to its average volume of 490,151. First Trust Low Duration Opportunities ETF has a one year low of $46.58 and a one year high of $48.55. The firm’s 50-day moving average price is $48.18 and its 200 day moving average price is $47.79.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a $0.175 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $2.10 annualized dividend and a yield of 4.37%.

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.

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

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