First Hawaiian Bank Has $1.58 Million Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

First Hawaiian Bank reduced its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 27.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 32,507 shares of the company’s stock after selling 12,493 shares during the period. First Hawaiian Bank’s holdings in First Trust Low Duration Opportunities ETF were worth $1,582,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 1.6% during the third quarter. Farther Finance Advisors LLC now owns 15,777 shares of the company’s stock worth $780,000 after acquiring an additional 246 shares in the last quarter. Waterloo Capital L.P. boosted its stake in First Trust Low Duration Opportunities ETF by 6.5% during the 2nd quarter. Waterloo Capital L.P. now owns 5,827 shares of the company’s stock valued at $280,000 after purchasing an additional 358 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in First Trust Low Duration Opportunities ETF by 1.3% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 29,468 shares of the company’s stock worth $1,456,000 after purchasing an additional 386 shares in the last quarter. Pinnacle Family Advisors LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 4.3% in the third quarter. Pinnacle Family Advisors LLC now owns 9,508 shares of the company’s stock worth $470,000 after purchasing an additional 391 shares during the last quarter. Finally, Holistic Financial Partners lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 2.9% in the third quarter. Holistic Financial Partners now owns 14,921 shares of the company’s stock valued at $737,000 after purchasing an additional 419 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.1 %

Shares of NASDAQ:LMBS opened at $48.51 on Friday. The business’s 50 day moving average is $48.73 and its 200 day moving average is $48.85. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.17 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $2.04 annualized dividend and a dividend yield of 4.21%.

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.