First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Holdings Decreased by Trilogy Capital Inc.

Trilogy Capital Inc. cut its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 0.4% during the fourth quarter, HoldingsChannel reports. The fund owned 487,162 shares of the company’s stock after selling 1,807 shares during the quarter. First Trust Low Duration Opportunities ETF comprises approximately 1.2% of Trilogy Capital Inc.’s holdings, making the stock its 24th biggest position. Trilogy Capital Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $23,710,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in LMBS. Riggs Asset Managment Co. Inc. acquired a new stake in First Trust Low Duration Opportunities ETF in the 3rd quarter worth $76,000. Prospera Private Wealth LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the third quarter worth approximately $79,000. Harbor Investment Advisory LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 20.1% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock valued at $134,000 after acquiring an additional 459 shares during the period. Pinnacle Bancorp Inc. raised its position in shares of First Trust Low Duration Opportunities ETF by 23.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock valued at $159,000 after acquiring an additional 611 shares during the last quarter. Finally, Proactive Wealth Strategies LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $203,000.

First Trust Low Duration Opportunities ETF Stock Up 0.2 %

Shares of NASDAQ:LMBS opened at $48.81 on Thursday. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49. The company has a 50 day moving average price of $48.70 and a two-hundred day moving average price of $48.89.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were given a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend was Wednesday, January 22nd.

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.