Larson Financial Group LLC Cuts Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Larson Financial Group LLC lowered its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,341 shares of the company’s stock after selling 439 shares during the period. Larson Financial Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $264,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Hershey Financial Advisers LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter valued at $30,000. Hilltop National Bank acquired a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter worth about $42,000. Chris Bulman Inc purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter worth about $43,000. Triad Wealth Partners LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at about $44,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter valued at about $53,000.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ LMBS opened at $48.84 on Thursday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49. The business has a 50 day moving average price of $48.97 and a two-hundred day moving average price of $48.72.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be issued a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend is Thursday, November 21st.

First Trust Low Duration Opportunities ETF Company 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.