First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Stock Holdings Lessened by EdgeRock Capital LLC

EdgeRock Capital LLC cut its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.2% in the fourth quarter, HoldingsChannel reports. The firm owned 134,278 shares of the company’s stock after selling 5,932 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for 4.3% of EdgeRock Capital LLC’s portfolio, making the stock its 7th largest position. EdgeRock Capital LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $6,535,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC increased its stake in First Trust Low Duration Opportunities ETF by 12.2% during the third quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after acquiring an additional 929,010 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 7.0% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock worth $37,209,000 after purchasing an additional 48,939 shares during the period. Prospera Financial Services Inc increased its position in shares of First Trust Low Duration Opportunities ETF by 32.3% during the 3rd quarter. Prospera Financial Services Inc now owns 456,916 shares of the company’s stock valued at $22,586,000 after purchasing an additional 111,451 shares during the last quarter. Private Advisor Group LLC raised its holdings in First Trust Low Duration Opportunities ETF by 94.9% during the 4th quarter. Private Advisor Group LLC now owns 454,078 shares of the company’s stock valued at $22,100,000 after buying an additional 221,157 shares during the period. Finally, Financial Enhancement Group LLC raised its holdings in First Trust Low Duration Opportunities ETF by 87.4% during the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock valued at $21,258,000 after buying an additional 206,322 shares during the period.

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 52 week low of $45.06 and a 52 week high of $51.49. The company has a fifty day moving average of $48.66 and a two-hundred day moving average of $48.90.

First Trust Low Duration Opportunities ETF Announces Dividend

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

First Trust Low Duration Opportunities ETF 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.