First Trust Low Duration Opportunities ETF $LMBS Position Lessened by National Wealth Management Group LLC

National Wealth Management Group LLC decreased its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 21.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 38,220 shares of the company’s stock after selling 10,322 shares during the quarter. National Wealth Management Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,852,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of LMBS. Root Financial Partners LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $28,000. Whittier Trust Co. of Nevada Inc. bought a new position in First Trust Low Duration Opportunities ETF during the first quarter worth $35,000. NI Acquisitions Company LLC bought a new position in First Trust Low Duration Opportunities ETF during the second quarter worth $67,000. NBT Bank N.A. bought a new position in First Trust Low Duration Opportunities ETF during the third quarter worth $69,000. Finally, Noble Wealth Management PBC acquired a new stake in First Trust Low Duration Opportunities ETF in the second quarter worth $113,000.

First Trust Low Duration Opportunities ETF Stock Up 0.1%

LMBS opened at $48.79 on Tuesday. First Trust Low Duration Opportunities ETF has a 1-year low of $47.60 and a 1-year high of $51.98. The company has a fifty day moving average price of $49.06 and a two-hundred day moving average price of $49.71.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Wednesday, October 21st will be given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, October 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.