Benjamin Edwards Inc. decreased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 27.3% during the second quarter, HoldingsChannel.com reports. The firm owned 4,953 shares of the company’s stock after selling 1,862 shares during the quarter. Benjamin Edwards Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $238,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of LMBS. Palisade Asset Management LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the 1st quarter worth $25,000. Hilltop National Bank bought a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth $42,000. Chris Bulman Inc bought a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth $43,000. Triad Wealth Partners LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth $44,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth $53,000.
First Trust Low Duration Opportunities ETF Price Performance
LMBS opened at $49.59 on Friday. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $49.92. The business’s fifty day simple moving average is $49.01 and its 200-day simple moving average is $48.40.
First Trust Low Duration Opportunities ETF Announces Dividend
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.
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Want to see what other hedge funds are holding LMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report).
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