Vishria Bird Financial Group LLC Sells 430 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Vishria Bird Financial Group LLC cut its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 16,379 shares of the company’s stock after selling 430 shares during the quarter. Vishria Bird Financial Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $809,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. LPL Financial LLC grew its holdings in First Trust Low Duration Opportunities ETF by 7.8% during the 2nd quarter. LPL Financial LLC now owns 7,631,699 shares of the company’s stock worth $366,703,000 after acquiring an additional 550,017 shares during the last quarter. Brookstone Capital Management grew its stake in shares of First Trust Low Duration Opportunities ETF by 2,052.6% in the second quarter. Brookstone Capital Management now owns 471,136 shares of the company’s stock worth $22,944,000 after purchasing an additional 449,249 shares during the last quarter. Cetera Investment Advisers increased its holdings in First Trust Low Duration Opportunities ETF by 114.6% in the first quarter. Cetera Investment Advisers now owns 800,093 shares of the company’s stock valued at $38,604,000 after purchasing an additional 427,232 shares during the period. Long Run Wealth Advisors LLC bought a new position in First Trust Low Duration Opportunities ETF during the 3rd quarter worth $10,901,000. Finally, Financial Enhancement Group LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 87.4% during the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock worth $21,258,000 after buying an additional 206,322 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

NASDAQ LMBS opened at $48.64 on Friday. The business’s 50-day moving average price is $49.09 and its two-hundred day moving average price is $48.67. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 22nd were issued a $0.17 dividend. This represents a $2.04 annualized dividend and a yield of 4.19%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.