First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC reduced its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,516 shares of the company’s stock after selling 1,119 shares during the period. Dynamic Advisor Solutions LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $470,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LMBS. LPL Financial LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 7.8% in the second quarter. LPL Financial LLC now owns 7,631,699 shares of the company’s stock valued at $366,703,000 after purchasing an additional 550,017 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in First Trust Low Duration Opportunities ETF by 0.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,011,574 shares of the company’s stock valued at $96,656,000 after buying an additional 10,854 shares during the period. Global Assets Advisory LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 4,688.2% during the 1st quarter. Global Assets Advisory LLC now owns 1,290,892 shares of the company’s stock valued at $62,286,000 after acquiring an additional 1,263,932 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 964,019 shares of the company’s stock worth $46,321,000 after acquiring an additional 15,450 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of First Trust Low Duration Opportunities ETF by 17.5% in the second quarter. Cetera Investment Advisers now owns 940,225 shares of the company’s stock worth $45,178,000 after acquiring an additional 140,132 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $49.11 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49. The firm has a 50 day moving average price of $49.20 and a 200 day moving average price of $48.51.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.17 dividend. This represents a $2.04 annualized dividend and a dividend yield of 4.15%. The ex-dividend date of this dividend was Thursday, September 26th.

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.