First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Stock Holdings Lessened by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC reduced its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,430 shares of the company’s stock after selling 634 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,903,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Global Assets Advisory LLC boosted its stake in First Trust Low Duration Opportunities ETF by 4,688.2% during the first quarter. Global Assets Advisory LLC now owns 1,290,892 shares of the company’s stock valued at $62,286,000 after buying an additional 1,263,932 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at $60,773,000. Financial Enhancement Group LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 68.4% during the 4th quarter. Financial Enhancement Group LLC now owns 568,483 shares of the company’s stock valued at $27,492,000 after acquiring an additional 230,895 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 11.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,086,256 shares of the company’s stock worth $100,808,000 after acquiring an additional 206,876 shares in the last quarter. Finally, TAP Consulting LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 248.3% in the 4th quarter. TAP Consulting LLC now owns 277,944 shares of the company’s stock worth $13,430,000 after acquiring an additional 198,145 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.3 %

Shares of NASDAQ:LMBS traded down $0.16 during midday trading on Thursday, reaching $48.20. The company had a trading volume of 274,655 shares, compared to its average volume of 446,962. The company has a fifty day simple moving average of $48.01 and a two-hundred day simple moving average of $48.12. 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 Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 22nd were given a $0.175 dividend. This represents a $2.10 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend was Tuesday, May 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.