Koshinski Asset Management Inc. Decreases Holdings in First Trust Low Duration Opportunities ETF $LMBS

Koshinski Asset Management Inc. lessened its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,563 shares of the company’s stock after selling 205 shares during the period. Koshinski Asset Management Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $274,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in LMBS. Raymond James Financial Inc. increased its stake in shares of First Trust Low Duration Opportunities ETF by 11.2% in the first quarter. Raymond James Financial Inc. now owns 3,410,262 shares of the company’s stock worth $167,648,000 after purchasing an additional 343,406 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 21.1% in the first quarter. Commonwealth Equity Services LLC now owns 996,316 shares of the company’s stock worth $48,979,000 after purchasing an additional 173,388 shares in the last quarter. Berger Financial Group Inc increased its stake in shares of First Trust Low Duration Opportunities ETF by 2.1% in the second quarter. Berger Financial Group Inc now owns 991,200 shares of the company’s stock worth $48,827,000 after purchasing an additional 20,827 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of First Trust Low Duration Opportunities ETF by 13.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 796,139 shares of the company’s stock worth $39,138,000 after purchasing an additional 93,675 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 4.5% in the second quarter. Concurrent Investment Advisors LLC now owns 775,525 shares of the company’s stock worth $38,202,000 after purchasing an additional 33,469 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.0%

LMBS opened at $50.15 on Tuesday. The firm has a 50-day moving average price of $49.78 and a 200-day moving average price of $49.29. First Trust Low Duration Opportunities ETF has a twelve month low of $48.32 and a twelve month high of $50.25.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.17 dividend. The ex-dividend date was Thursday, September 25th. This represents a c) annualized dividend and a dividend yield of 4.1%.

About First Trust Low Duration Opportunities ETF

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.