Claris Financial LLC Sells 15,892 Shares of First Trust Low Duration Opportunities ETF $LMBS

Claris Financial LLC trimmed its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 28.1% during the 2nd quarter, Holdings Channel reports. The fund owned 40,681 shares of the company’s stock after selling 15,892 shares during the period. First Trust Low Duration Opportunities ETF makes up approximately 1.5% of Claris Financial LLC’s investment portfolio, making the stock its 16th biggest position. Claris Financial LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,004,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Raymond James Financial Inc. raised its stake in First Trust Low Duration Opportunities ETF by 11.2% during the first quarter. Raymond James Financial Inc. now owns 3,410,262 shares of the company’s stock valued at $167,648,000 after purchasing an additional 343,406 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 46.2% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 169,387 shares of the company’s stock worth $8,327,000 after buying an additional 53,498 shares during the last quarter. TFB Advisors LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 14.3% during the 1st quarter. TFB Advisors LLC now owns 17,801 shares of the company’s stock valued at $875,000 after buying an additional 2,224 shares in the last quarter. Summit Financial LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 528.0% during the 1st quarter. Summit Financial LLC now owns 171,090 shares of the company’s stock valued at $8,411,000 after buying an additional 143,845 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 23.1% in the 1st quarter. Kestra Advisory Services LLC now owns 235,597 shares of the company’s stock valued at $11,582,000 after acquiring an additional 44,175 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $49.86 on Friday. First Trust Low Duration Opportunities ETF has a 1-year low of $48.32 and a 1-year high of $50.25. The business’s 50 day moving average is $49.99 and its two-hundred day moving average is $49.60.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be paid a dividend of $0.17 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, December 12th.

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.