First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. trimmed its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.0% in the 4th quarter, HoldingsChannel reports. The firm owned 121,099 shares of the company’s stock after selling 13,439 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $5,894,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently modified their holdings of LMBS. Farmers & Merchants Investments Inc. purchased a new position in First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $47,000. Riggs Asset Managment Co. Inc. purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at approximately $76,000. Prospera Private Wealth LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter worth approximately $79,000. Harbor Investment Advisory LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 20.1% in the fourth 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 last quarter. Finally, Proactive Wealth Strategies LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter worth approximately $203,000.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $48.84 on Thursday. The stock’s fifty day moving average is $48.66 and its two-hundred day moving average is $48.90. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

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.