Northeast Planning Associates INC. NH Cuts Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

Northeast Planning Associates INC. NH lowered its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 22.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,042 shares of the company’s stock after selling 15,604 shares during the period. First Trust Low Duration Opportunities ETF comprises approximately 1.8% of Northeast Planning Associates INC. NH’s holdings, making the stock its 16th largest position. Northeast Planning Associates INC. NH’s holdings in First Trust Low Duration Opportunities ETF were worth $2,465,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Palisade Asset Management LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 3rd quarter worth approximately $26,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 1st quarter valued at approximately $35,000. Bank of Montreal Can boosted its stake in shares of First Trust Low Duration Opportunities ETF by 169.0% in the fourth quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $37,000 after buying an additional 463 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 38.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after buying an additional 250 shares in the last quarter. Finally, Coppell Advisory Solutions LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at approximately $49,000.

First Trust Low Duration Opportunities ETF Stock Up 0.1%

Shares of LMBS stock opened at $49.49 on Friday. The business’s fifty day moving average price is $49.61 and its 200 day moving average price is $49.84. First Trust Low Duration Opportunities ETF has a 1-year low of $47.87 and a 1-year high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were given a dividend of $0.17 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, August 21st.

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.