StoneX Group Inc. Sells 5,490 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

StoneX Group Inc. reduced its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 16.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,992 shares of the company’s stock after selling 5,490 shares during the period. StoneX Group Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $1,383,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of LMBS. Kingsview Wealth Management LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 34.4% during the third quarter. Kingsview Wealth Management LLC now owns 255,230 shares of the company’s stock valued at $12,611,000 after purchasing an additional 65,287 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 24.4% in the 3rd quarter. Cerity Partners LLC now owns 382,949 shares of the company’s stock valued at $18,922,000 after acquiring an additional 75,143 shares in the last quarter. LPL Financial LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 12.2% during the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after acquiring an additional 929,010 shares during the last quarter. Trustmark National Bank Trust Department boosted its position in shares of First Trust Low Duration Opportunities ETF by 115.7% during the 3rd quarter. Trustmark National Bank Trust Department now owns 9,322 shares of the company’s stock valued at $461,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Cypress Capital Group grew its holdings in shares of First Trust Low Duration Opportunities ETF by 7.7% during the third quarter. Cypress Capital Group now owns 26,901 shares of the company’s stock worth $1,329,000 after purchasing an additional 1,925 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS opened at $48.63 on Monday. The company’s fifty day moving average price is $49.02 and its 200-day moving average price is $48.71. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.19%. 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.