Stephens Inc. AR Sells 27,077 Shares of First Trust Low Duration Opportunities ETF $LMBS

Stephens Inc. AR cut its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.3% during the 2nd quarter, Holdings Channel reports. The firm owned 344,472 shares of the company’s stock after selling 27,077 shares during the period. Stephens Inc. AR’s holdings in First Trust Low Duration Opportunities ETF were worth $16,969,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Crux Wealth Advisors grew its stake in shares of First Trust Low Duration Opportunities ETF by 8.8% in the second quarter. Crux Wealth Advisors now owns 8,659 shares of the company’s stock worth $427,000 after purchasing an additional 699 shares during the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 1.1% in the second quarter. Chicago Partners Investment Group LLC now owns 29,114 shares of the company’s stock worth $1,431,000 after purchasing an additional 310 shares during the last quarter. Stratos Wealth Advisors LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 146.8% in the second quarter. Stratos Wealth Advisors LLC now owns 14,366 shares of the company’s stock worth $708,000 after purchasing an additional 8,545 shares during the last quarter. Lunt Capital Management Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 0.8% in the second quarter. Lunt Capital Management Inc. now owns 134,552 shares of the company’s stock worth $6,628,000 after purchasing an additional 1,022 shares during the last quarter. Finally, Harbour Investments Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 3.2% in the second quarter. Harbour Investments Inc. now owns 469,605 shares of the company’s stock worth $23,133,000 after purchasing an additional 14,432 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $50.16 on Monday. First Trust Low Duration Opportunities ETF has a 1 year low of $48.32 and a 1 year high of $50.25. The business’s 50-day moving average is $49.76 and its 200 day moving average is $49.29.

First Trust Low Duration Opportunities ETF Announces Dividend

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

About First Trust Low Duration Opportunities ETF

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.