Holistic Financial Partners Sells 1,585 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Holistic Financial Partners lowered its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 13,336 shares of the company’s stock after selling 1,585 shares during the quarter. Holistic Financial Partners’ holdings in First Trust Low Duration Opportunities ETF were worth $649,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 12.2% during the third quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after purchasing an additional 929,010 shares during the period. Fairvoy Private Wealth LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth about $11,777,000. Private Advisor Group LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 94.9% during the fourth quarter. Private Advisor Group LLC now owns 454,078 shares of the company’s stock worth $22,100,000 after purchasing an additional 221,157 shares during the period. Long Run Wealth Advisors LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the third quarter worth about $10,901,000. Finally, Financial Enhancement Group LLC raised its position in First Trust Low Duration Opportunities ETF by 87.4% in the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock valued at $21,258,000 after buying an additional 206,322 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $48.84 on Monday. The business’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 has a 52-week low of $45.06 and a 52-week high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be given a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend is Friday, February 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.