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

Capital Investment Counsel LLC decreased its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 42.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,014 shares of the company’s stock after selling 13,834 shares during the quarter. Capital Investment Counsel LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $939,000 as of its most recent filing with the Securities and Exchange Commission.

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

First Trust Low Duration Opportunities ETF Trading Up 0.0 %

First Trust Low Duration Opportunities ETF stock opened at $48.63 on Friday. The stock has a fifty day moving average price of $49.02 and a 200 day moving average price of $48.71. 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 Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date of this dividend is Thursday, November 21st.

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.