Southland Equity Partners LLC Sells 467 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Southland Equity Partners LLC lowered its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,853 shares of the company’s stock after selling 467 shares during the period. Southland Equity Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $334,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Hershey Financial Advisers LLC bought a new stake in First Trust Low Duration Opportunities ETF during the 2nd quarter worth approximately $30,000. Riggs Asset Managment Co. Inc. bought a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth approximately $76,000. Prospera Private Wealth LLC bought a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth approximately $79,000. Harbor Investment Advisory LLC increased its holdings in First Trust Low Duration Opportunities ETF by 20.1% during the 4th quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock worth $134,000 after acquiring an additional 459 shares during the period. Finally, Pinnacle Bancorp Inc. increased its holdings in 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 worth $159,000 after acquiring an additional 611 shares during the period.

First Trust Low Duration Opportunities ETF Stock Down 0.0 %

First Trust Low Duration Opportunities ETF stock opened at $48.52 on Friday. The firm’s 50 day simple moving average is $48.71 and its 200 day simple moving average is $48.88. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Wednesday, January 22nd.

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.