First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Holdings Trimmed by Prism Advisors Inc.

Prism Advisors Inc. trimmed its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 13.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 213,535 shares of the company’s stock after selling 32,055 shares during the period. First Trust Low Duration Opportunities ETF accounts for 3.3% of Prism Advisors Inc.’s investment portfolio, making the stock its 16th biggest holding. Prism Advisors Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $10,318,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bessemer Group Inc. purchased a new position in First Trust Low Duration Opportunities ETF during the 4th quarter worth approximately $57,000. Sunbelt Securities Inc. purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 1st quarter valued at $73,000. Harbor Investment Advisory LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 23.0% during the 3rd quarter. Harbor Investment Advisory LLC now owns 1,710 shares of the company’s stock valued at $81,000 after acquiring an additional 320 shares in the last quarter. Ameritas Investment Partners Inc. purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 1st quarter valued at $97,000. Finally, CWM LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 26.2% during the 3rd quarter. CWM LLC now owns 3,979 shares of the company’s stock valued at $188,000 after acquiring an additional 826 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.0 %

Shares of First Trust Low Duration Opportunities ETF stock traded down $0.02 on Friday, hitting $47.71. 218,188 shares of the company traded hands, compared to its average volume of 527,976. The company has a 50-day moving average price of $48.08 and a 200 day moving average price of $47.84. First Trust Low Duration Opportunities ETF has a 12-month low of $46.58 and a 12-month high of $48.55.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.175 per share. This represents a $2.10 annualized dividend and a dividend yield of 4.40%. The ex-dividend date of this dividend was Thursday, March 21st.

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.