Clifford Swan Investment Counsel LLC Has $15.41 Million Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Clifford Swan Investment Counsel LLC lessened its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 316,654 shares of the company’s stock after selling 7,128 shares during the quarter. Clifford Swan Investment Counsel LLC owned about 0.33% of First Trust Low Duration Opportunities ETF worth $15,412,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Maia Wealth LLC increased its position in First Trust Low Duration Opportunities ETF by 89.7% in the 4th quarter. Maia Wealth LLC now owns 37,605 shares of the company’s stock valued at $1,828,000 after acquiring an additional 17,786 shares in the last quarter. West Michigan Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 7.6% in the 4th quarter. West Michigan Advisors LLC now owns 6,842 shares of the company’s stock valued at $333,000 after acquiring an additional 486 shares in the last quarter. US Bancorp DE increased its position in First Trust Low Duration Opportunities ETF by 66.9% in the 4th quarter. US Bancorp DE now owns 6,177 shares of the company’s stock valued at $301,000 after acquiring an additional 2,476 shares in the last quarter. Brueske Advisory Services LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter valued at about $785,000. Finally, Oppenheimer & Co. Inc. increased its position in First Trust Low Duration Opportunities ETF by 51.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 57,915 shares of the company’s stock valued at $2,819,000 after acquiring an additional 19,560 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.2 %

Shares of NASDAQ:LMBS opened at $49.14 on Friday. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49. The company has a 50 day moving average of $48.69 and a 200-day moving average of $48.90.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a dividend yield of 4.15%. The ex-dividend date was Friday, February 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.