First Trust Low Duration Opportunities ETF $LMBS Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 14,544 shares of the company’s stock after selling 218 shares during the period. International Assets Investment Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $716,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of LMBS. Golden State Wealth Management LLC lifted its position in First Trust Low Duration Opportunities ETF by 1,812.4% during the first quarter. Golden State Wealth Management LLC now owns 4,781 shares of the company’s stock valued at $235,000 after buying an additional 4,531 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in First Trust Low Duration Opportunities ETF by 25.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 38,074 shares of the company’s stock valued at $1,872,000 after buying an additional 7,700 shares in the last quarter. Signal Advisors Wealth LLC lifted its position in First Trust Low Duration Opportunities ETF by 23.4% during the second quarter. Signal Advisors Wealth LLC now owns 5,657 shares of the company’s stock valued at $279,000 after buying an additional 1,073 shares in the last quarter. Parallel Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF by 15.9% during the second quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock valued at $213,000 after buying an additional 593 shares in the last quarter. Finally, Harbour Investments Inc. lifted its position in First Trust Low Duration Opportunities ETF by 3.2% during the second quarter. Harbour Investments Inc. now owns 469,605 shares of the company’s stock valued at $23,133,000 after buying an additional 14,432 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.0%

Shares of LMBS stock opened at $50.15 on Tuesday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.32 and a fifty-two week high of $50.25. The firm’s 50 day moving average price is $49.78 and its two-hundred day moving average price is $49.29.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, September 25th.

First Trust Low Duration Opportunities ETF 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.