Sanctuary Advisors LLC Sells 5,833 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Sanctuary Advisors LLC lowered its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 71,232 shares of the company’s stock after selling 5,833 shares during the period. Sanctuary Advisors LLC owned approximately 0.07% of First Trust Low Duration Opportunities ETF worth $3,472,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $47,000. Riggs Asset Managment Co. Inc. acquired a new position in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $76,000. Prospera Private Wealth LLC bought a new position in First Trust Low Duration Opportunities ETF during the 3rd quarter worth $79,000. Harbor Investment Advisory LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 20.1% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock worth $134,000 after buying an additional 459 shares in the last quarter. Finally, Proactive Wealth Strategies LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at about $203,000.

First Trust Low Duration Opportunities ETF Stock Down 0.2 %

NASDAQ:LMBS opened at $48.84 on Friday. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49. The firm’s 50-day simple moving average is $48.65 and its 200 day simple moving average is $48.90.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $2.04 annualized dividend and a dividend yield of 4.18%.

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.