Ifrah Financial Services Inc. Sells 960 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Ifrah Financial Services Inc. lowered its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 32,686 shares of the company’s stock after selling 960 shares during the period. Ifrah Financial Services Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $1,579,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Miracle Mile Advisors LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 2.4% during the third quarter. Miracle Mile Advisors LLC now owns 166,937 shares of the company’s stock valued at $7,886,000 after buying an additional 3,918 shares during the last quarter. Bellevue Asset Management LLC increased its stake in First Trust Low Duration Opportunities ETF by 1.2% in the 3rd quarter. Bellevue Asset Management LLC now owns 124,894 shares of the company’s stock worth $5,900,000 after purchasing an additional 1,461 shares during the period. Park Avenue Securities LLC increased its stake in First Trust Low Duration Opportunities ETF by 11.1% in the 3rd quarter. Park Avenue Securities LLC now owns 38,730 shares of the company’s stock worth $1,830,000 after purchasing an additional 3,864 shares during the period. Alpha Financial Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF by 0.3% in the third quarter. Alpha Financial Advisors LLC now owns 95,469 shares of the company’s stock valued at $4,510,000 after purchasing an additional 281 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 182.5% during the third quarter. Assetmark Inc. now owns 67,798 shares of the company’s stock valued at $3,203,000 after purchasing an additional 43,802 shares during the period.

First Trust Low Duration Opportunities ETF Stock Up 0.3 %

Shares of NASDAQ LMBS traded up $0.14 during mid-day trading on Friday, hitting $47.89. The stock had a trading volume of 210,752 shares, compared to its average volume of 505,719. The business has a 50 day moving average price of $48.00 and a two-hundred day moving average price of $47.87. First Trust Low Duration Opportunities ETF has a 1 year low of $46.58 and a 1 year high of $48.55.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 24th were given a $0.175 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date was Tuesday, April 23rd.

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.