First Trust Low Duration Opportunities ETF (LMBS) Stake Lessened by Wealthsource Partners LLC

Wealthsource Partners LLC reduced its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 46.1% in the 3rd quarter, Holdings Channel reports. The firm owned 18,222 shares of the company’s stock after selling 15,555 shares during the period. Wealthsource Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $929,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Cypress Capital Group raised its holdings in shares of First Trust Low Duration Opportunities ETF by 10.1% in the second quarter. Cypress Capital Group now owns 55,990 shares of the company’s stock valued at $2,865,000 after buying an additional 5,125 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 34.7% in the second quarter. Envestnet Asset Management Inc. now owns 72,787 shares of the company’s stock valued at $3,725,000 after buying an additional 18,753 shares during the last quarter. Blackhawk Capital Partners LLC. purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at about $7,080,000. Reliance Trust Co. of Delaware purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at about $1,038,000. Finally, Moneywise Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 187.0% in the third quarter. Moneywise Inc. now owns 25,276 shares of the company’s stock valued at $1,288,000 after buying an additional 16,470 shares during the last quarter.

Shares of NASDAQ:LMBS opened at $51.02 on Thursday. First Trust Low Duration Opportunities ETF has a one year low of $50.78 and a one year high of $51.87.

The firm also recently announced a monthly dividend, which was paid on Friday, November 30th. Stockholders of record on Friday, November 23rd were issued a $0.1175 dividend. The ex-dividend date was Wednesday, November 21st. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.76%.

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Want to see what other hedge funds are holding LMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS).

Institutional Ownership by Quarter for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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