Clear Creek Financial Management LLC Sells 71,378 Shares of First Trust Low Duration Opportunities ETF $LMBS

Clear Creek Financial Management LLC reduced its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 36.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,211 shares of the company’s stock after selling 71,378 shares during the quarter. Clear Creek Financial Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $6,069,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 4,472.9% in the 1st quarter. GAMMA Investing LLC now owns 64,203 shares of the company’s stock valued at $3,156,000 after purchasing an additional 62,799 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in First Trust Low Duration Opportunities ETF by 14.8% during the 1st quarter. Farther Finance Advisors LLC now owns 19,882 shares of the company’s stock valued at $978,000 after buying an additional 2,557 shares during the period. Wealthcare Advisory Partners LLC lifted its position in First Trust Low Duration Opportunities ETF by 21.1% in the first quarter. Wealthcare Advisory Partners LLC now owns 50,519 shares of the company’s stock worth $2,484,000 after buying an additional 8,810 shares during the last quarter. Simplicity Wealth LLC bought a new stake in First Trust Low Duration Opportunities ETF in the first quarter worth $555,000. Finally, Columbia Advisory Partners LLC boosted its stake in First Trust Low Duration Opportunities ETF by 1.6% during the first quarter. Columbia Advisory Partners LLC now owns 27,062 shares of the company’s stock worth $1,330,000 after buying an additional 426 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.2%

LMBS stock opened at $49.88 on Thursday. The firm’s fifty day simple moving average is $49.67 and its two-hundred day simple moving average is $49.24. First Trust Low Duration Opportunities ETF has a twelve month low of $48.32 and a twelve month high of $50.25.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a $0.17 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, September 25th.

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.