Atria Wealth Solutions Inc. Decreases Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Atria Wealth Solutions Inc. cut its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 125,909 shares of the company’s stock after selling 1,308 shares during the period. Atria Wealth Solutions Inc. owned about 0.15% of First Trust Low Duration Opportunities ETF worth $6,084,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in LMBS. Harbor Investment Advisory LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 26.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 2,155 shares of the company’s stock valued at $104,000 after acquiring an additional 445 shares during the period. CWM LLC grew its position 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 during the period. OneAscent Financial Services LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 7.7% during the 4th quarter. OneAscent Financial Services LLC now owns 4,669 shares of the company’s stock valued at $226,000 after acquiring an additional 334 shares during the period. W.H. Cornerstone Investments Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $224,000. Finally, Trueblood Wealth Management LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 4th quarter valued at $251,000.

First Trust Low Duration Opportunities ETF Trading Up 0.1 %

First Trust Low Duration Opportunities ETF stock traded up $0.05 during mid-day trading on Friday, hitting $47.63. The stock had a trading volume of 50,432 shares, compared to its average volume of 511,915. The firm’s 50 day moving average is $48.04 and its 200 day moving average is $47.85. First Trust Low Duration Opportunities ETF has a one year low of $46.58 and a one year high of $48.55.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th will be issued a $0.175 dividend. This represents a $2.10 annualized dividend and a yield of 4.41%. The ex-dividend date of this dividend is Tuesday, April 23rd.

First Trust Low Duration Opportunities ETF Company 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.