Towerpoint Wealth LLC Has $832,000 Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Towerpoint Wealth LLC lessened its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 2.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 17,220 shares of the company’s stock after selling 380 shares during the period. Towerpoint Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $832,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Bessemer Group Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 4th quarter valued at about $57,000. DHJJ Financial Advisors Ltd. bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at about $70,000. Sunbelt Securities Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 1st quarter valued at about $73,000. Intrepid Capital Management Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter valued at about $79,000. Finally, Harbor Investment Advisory LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 23.0% during the 3rd quarter. Harbor Investment Advisory LLC now owns 1,710 shares of the company’s stock valued at $81,000 after purchasing an additional 320 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of First Trust Low Duration Opportunities ETF stock traded up $0.01 on Thursday, hitting $48.17. 36,928 shares of the company’s stock traded hands, compared to its average volume of 499,532. First Trust Low Duration Opportunities ETF has a one year low of $46.58 and a one year high of $48.55. The company has a fifty day moving average of $48.18 and a two-hundred day moving average of $47.79.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.175 per share. The ex-dividend date was Thursday, March 21st. This represents a $2.10 annualized dividend and a dividend yield of 4.36%.

First Trust Low Duration Opportunities ETF 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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Want to see what other hedge funds are holding LMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report).

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

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