First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Sargent Investment Group LLC

Sargent Investment Group LLC lessened its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 21.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,125 shares of the company’s stock after selling 2,810 shares during the quarter. Sargent Investment Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $500,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of LMBS. Farther Finance Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 1.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 15,777 shares of the company’s stock worth $780,000 after acquiring an additional 246 shares during the last quarter. City Holding Co. lifted its position in shares of First Trust Low Duration Opportunities ETF by 0.7% in the second quarter. City Holding Co. now owns 40,370 shares of the company’s stock worth $1,939,000 after buying an additional 300 shares during the last quarter. Waterloo Capital L.P. increased its stake in shares of First Trust Low Duration Opportunities ETF by 6.5% in the second quarter. Waterloo Capital L.P. now owns 5,827 shares of the company’s stock worth $280,000 after purchasing an additional 358 shares during the period. Nations Financial Group Inc. IA ADV increased its stake in First Trust Low Duration Opportunities ETF by 1.3% during the third quarter. Nations Financial Group Inc. IA ADV now owns 29,468 shares of the company’s stock valued at $1,456,000 after acquiring an additional 386 shares during the period. Finally, Richard W. Paul & Associates LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 1.8% in the 3rd quarter. Richard W. Paul & Associates LLC now owns 26,901 shares of the company’s stock valued at $1,329,000 after purchasing an additional 465 shares during the period.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of LMBS stock traded up $0.01 during trading on Thursday, reaching $48.75. 174,980 shares of the company’s stock were exchanged, compared to its average volume of 474,556. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49. The firm’s fifty day moving average price is $49.11 and its 200-day moving average price is $48.66.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 22nd were paid a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date of this dividend was Tuesday, October 22nd.

First Trust Low Duration Opportunities ETF Profile

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.