Kingsview Wealth Management LLC Trims Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Kingsview Wealth Management LLC lessened its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 228,616 shares of the company’s stock after selling 26,614 shares during the quarter. Kingsview Wealth Management LLC owned approximately 0.24% of First Trust Low Duration Opportunities ETF worth $11,127,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 12.2% in the third quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after buying an additional 929,010 shares during the last quarter. Raymond James & Associates raised its holdings in First Trust Low Duration Opportunities ETF by 6.0% in the 3rd quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock valued at $40,014,000 after acquiring an additional 45,961 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 7.0% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock worth $37,209,000 after purchasing an additional 48,939 shares during the period. Trilogy Capital Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 5.0% during the third quarter. Trilogy Capital Inc. now owns 488,969 shares of the company’s stock worth $24,160,000 after purchasing an additional 23,129 shares during the last quarter. Finally, Petix & Botte Co grew its position in shares of First Trust Low Duration Opportunities ETF by 1.5% in the third quarter. Petix & Botte Co now owns 458,366 shares of the company’s stock valued at $22,648,000 after purchasing an additional 6,792 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

NASDAQ LMBS opened at $48.76 on Friday. The business’s 50-day moving average price is $48.70 and its 200 day moving average price is $48.89. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a yield of 4.18%.

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.