First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Stock Position Lowered by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC decreased its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 12.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,497 shares of the company’s stock after selling 1,402 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $462,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Farmers & Merchants Investments Inc. acquired a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter valued at about $47,000. Riggs Asset Managment Co. Inc. acquired a new stake in First Trust Low Duration Opportunities ETF during the third quarter valued at approximately $76,000. Prospera Private Wealth LLC acquired a new stake in First Trust Low Duration Opportunities ETF during the third quarter valued at approximately $79,000. Kestra Investment Management LLC bought a new stake in First Trust Low Duration Opportunities ETF during the fourth quarter worth approximately $127,000. Finally, Marshall Investment Management LLC acquired a new position in First Trust Low Duration Opportunities ETF in the fourth quarter worth approximately $131,000.

First Trust Low Duration Opportunities ETF Stock Up 0.1 %

NASDAQ LMBS opened at $48.88 on Tuesday. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49. The business’s fifty day moving average is $48.66 and its two-hundred day moving average is $48.90.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date of this dividend is Friday, February 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.