Flaharty Asset Management LLC Sells 31,461 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Flaharty Asset Management LLC lessened its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 67.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,124 shares of the company’s stock after selling 31,461 shares during the period. Flaharty Asset Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $736,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in LMBS. West Michigan Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 7.6% during the 4th quarter. West Michigan Advisors LLC now owns 6,842 shares of the company’s stock worth $333,000 after purchasing an additional 486 shares in the last quarter. US Bancorp DE increased its position in First Trust Low Duration Opportunities ETF by 66.9% during the 4th quarter. US Bancorp DE now owns 6,177 shares of the company’s stock worth $301,000 after purchasing an additional 2,476 shares in the last quarter. Brueske Advisory Services LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 4th quarter worth approximately $785,000. Oppenheimer & Co. Inc. increased its position in First Trust Low Duration Opportunities ETF by 51.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 57,915 shares of the company’s stock worth $2,819,000 after purchasing an additional 19,560 shares in the last quarter. Finally, IFP Advisors Inc increased its position in First Trust Low Duration Opportunities ETF by 19.7% during the 4th quarter. IFP Advisors Inc now owns 152,471 shares of the company’s stock worth $7,421,000 after purchasing an additional 25,076 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.2 %

LMBS stock opened at $49.14 on Friday. The company has a 50 day simple moving average of $48.69 and a 200 day simple moving average of $48.90. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date was Friday, February 21st.

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.