First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC reduced its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 33.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 300,558 shares of the company’s stock after selling 150,842 shares during the period. Renaissance Technologies LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $14,442,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in LMBS. BNP Paribas Financial Markets grew its stake in First Trust Low Duration Opportunities ETF by 11,259.3% during the 4th quarter. BNP Paribas Financial Markets now owns 34,078 shares of the company’s stock worth $1,647,000 after buying an additional 33,778 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 17.8% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 387,766 shares of the company’s stock worth $18,737,000 after acquiring an additional 58,656 shares during the last quarter. US Bancorp DE increased its holdings in shares of First Trust Low Duration Opportunities ETF by 45.0% during the fourth quarter. US Bancorp DE now owns 21,378 shares of the company’s stock valued at $1,033,000 after acquiring an additional 6,632 shares in the last quarter. Advisory Services Network LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 1.6% in the 4th quarter. Advisory Services Network LLC now owns 44,458 shares of the company’s stock valued at $2,148,000 after purchasing an additional 693 shares during the last quarter. Finally, Focus Financial Network Inc. ADV acquired a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter worth approximately $662,000.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.59 on Friday. The firm’s 50 day simple moving average is $49.01 and its two-hundred day simple moving average is $48.40. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $49.92.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were given a $0.17 dividend. This represents a $2.04 annualized dividend and a dividend yield of 4.11%. The ex-dividend date was Wednesday, 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.