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

TD Capital Management LLC lessened its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 13.6% during the 4th quarter, HoldingsChannel reports. The firm owned 312,915 shares of the company’s stock after selling 49,244 shares during the period. First Trust Low Duration Opportunities ETF comprises approximately 1.5% of TD Capital Management LLC’s holdings, making the stock its 15th biggest position. TD Capital Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $15,230,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 12.2% in the third 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. Concurrent Investment Advisors LLC raised its position in First Trust Low Duration Opportunities ETF by 7.0% in the third quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock valued at $37,209,000 after purchasing an additional 48,939 shares during the period. Prospera Financial Services Inc raised its position in First Trust Low Duration Opportunities ETF by 32.3% in the third quarter. Prospera Financial Services Inc now owns 456,916 shares of the company’s stock valued at $22,586,000 after purchasing an additional 111,451 shares during the period. Private Advisor Group LLC raised its position in First Trust Low Duration Opportunities ETF by 94.9% in the fourth quarter. Private Advisor Group LLC now owns 454,078 shares of the company’s stock valued at $22,100,000 after purchasing an additional 221,157 shares during the period. Finally, Financial Enhancement Group LLC raised its position in First Trust Low Duration Opportunities ETF by 87.4% in the third quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock valued at $21,258,000 after purchasing an additional 206,322 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $49.02 on Friday. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49. The business’s 50 day moving average is $48.68 and its two-hundred day moving average is $48.90.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be paid a $0.17 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $2.04 annualized dividend and a dividend yield of 4.16%.

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.