DHJJ Financial Advisors Ltd. Trims Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

DHJJ Financial Advisors Ltd. decreased its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 33.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 903 shares of the company’s stock after selling 455 shares during the period. DHJJ Financial Advisors Ltd.’s holdings in First Trust Low Duration Opportunities ETF were worth $45,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. City Holding Co. raised its stake in First Trust Low Duration Opportunities ETF by 0.7% in the 2nd quarter. City Holding Co. now owns 40,370 shares of the company’s stock valued at $1,939,000 after purchasing an additional 300 shares during the last quarter. Waterloo Capital L.P. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 6.5% during the second quarter. Waterloo Capital L.P. now owns 5,827 shares of the company’s stock worth $280,000 after buying an additional 358 shares in the last quarter. Richard W. Paul & Associates LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 1.8% in the third quarter. Richard W. Paul & Associates LLC now owns 26,901 shares of the company’s stock valued at $1,329,000 after buying an additional 465 shares during the last quarter. Palisade Asset Management LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the first quarter valued at approximately $25,000. Finally, Axxcess Wealth Management LLC boosted its position in First Trust Low Duration Opportunities ETF by 3.4% during the first quarter. Axxcess Wealth Management LLC now owns 16,070 shares of the company’s stock worth $775,000 after acquiring an additional 521 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.1 %

Shares of NASDAQ:LMBS opened at $48.76 on Thursday. The business has a fifty day simple moving average of $49.21 and a 200-day simple moving average of $48.56. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd will be paid a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date is Tuesday, October 22nd.

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.