Capital Market Strategies LLC Has $328,000 Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Capital Market Strategies LLC trimmed its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 17.5% in the fourth quarter, Holdings Channel reports. The fund owned 6,740 shares of the company’s stock after selling 1,431 shares during the period. Capital Market Strategies LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $328,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Sanctuary Advisors LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 50.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 77,065 shares of the company’s stock valued at $3,748,000 after purchasing an additional 25,983 shares during the period. Rehmann Capital Advisory Group acquired a new position in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at approximately $2,032,000. Brown Financial Advisors bought a new stake in shares of First Trust Low Duration Opportunities ETF during the third quarter worth $2,613,000. Insight Inv LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 14.7% during the third quarter. Insight Inv LLC now owns 11,695 shares of the company’s stock worth $578,000 after acquiring an additional 1,500 shares during the period. Finally, Continuum Advisory LLC lifted its position in First Trust Low Duration Opportunities ETF by 53.8% in the 3rd quarter. Continuum Advisory LLC now owns 35,767 shares of the company’s stock valued at $1,741,000 after acquiring an additional 12,505 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.1 %

Shares of LMBS stock traded up $0.04 on Monday, hitting $48.62. 197,387 shares of the stock were exchanged, compared to its average volume of 410,966. The business has a 50-day moving average of $48.74 and a 200 day moving average of $48.86. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a yield of 4.20%. The ex-dividend date was Friday, December 13th.

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.