Citigroup Inc. Has $6.10 Million Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Citigroup Inc. trimmed its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,514 shares of the company’s stock after selling 8,214 shares during the quarter. Citigroup Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $6,103,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Atria Investments Inc raised its position in shares of First Trust Low Duration Opportunities ETF by 12.6% in the first quarter. Atria Investments Inc now owns 48,566 shares of the company’s stock valued at $2,343,000 after purchasing an additional 5,424 shares during the period. GAMMA Investing LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter worth $62,000. Hilltop National Bank acquired a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter worth $42,000. CWM LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 108.1% during the second quarter. CWM LLC now owns 46,902 shares of the company’s stock valued at $2,254,000 after acquiring an additional 24,367 shares during the period. Finally, Atwood & Palmer Inc. grew its position in shares of First Trust Low Duration Opportunities ETF by 19.9% in the second quarter. Atwood & Palmer Inc. now owns 210,715 shares of the company’s stock valued at $10,125,000 after purchasing an additional 34,975 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $48.97 on Monday. The stock has a 50-day simple moving average of $48.95 and a 200 day simple moving average of $48.74. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 21st were given a $0.17 dividend. The ex-dividend date was Thursday, November 21st. This represents a $2.04 annualized dividend and a dividend yield of 4.17%.

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.