Sigma Planning Corp Sells 28,141 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Sigma Planning Corp decreased its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 16.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 144,196 shares of the company’s stock after selling 28,141 shares during the period. Sigma Planning Corp owned about 0.15% of First Trust Low Duration Opportunities ETF worth $7,018,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in LMBS. LPL Financial LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after purchasing an additional 929,010 shares in the last quarter. Fairvoy Private Wealth LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the 4th quarter valued at $11,777,000. Private Advisor Group LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 94.9% in the 4th quarter. Private Advisor Group LLC now owns 454,078 shares of the company’s stock valued at $22,100,000 after purchasing an additional 221,157 shares in the last quarter. Long Run Wealth Advisors LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $10,901,000. Finally, Financial Enhancement Group LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 87.4% in the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock valued at $21,258,000 after purchasing an additional 206,322 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.2 %

Shares of First Trust Low Duration Opportunities ETF stock opened at $48.84 on Friday. 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 fifty day moving average of $48.65 and a 200-day moving average of $48.90.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be paid a $0.17 dividend. The ex-dividend date is Friday, February 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%.

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.