Moneywise Inc. Reduces Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Moneywise Inc. decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 39.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,015 shares of the company’s stock after selling 3,280 shares during the period. Moneywise Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $244,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Beacon Financial Advisory LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock valued at $343,000 after buying an additional 754 shares during the period. Claro Advisors LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 2.9% in the 4th quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock valued at $431,000 after buying an additional 249 shares during the period. TFB Advisors LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 13.8% in the 3rd quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock valued at $657,000 after buying an additional 1,613 shares during the period. Braun Bostich & Associates Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 10.8% in the 3rd quarter. Braun Bostich & Associates Inc. now owns 80,476 shares of the company’s stock valued at $3,976,000 after buying an additional 7,824 shares during the period. Finally, TL Private Wealth boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 0.9% in the 3rd quarter. TL Private Wealth now owns 305,513 shares of the company’s stock valued at $14,943,000 after buying an additional 2,686 shares during the period.

First Trust Low Duration Opportunities ETF Stock Up 0.2 %

NASDAQ LMBS opened at $48.81 on Thursday. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49. The company has a 50-day simple moving average of $48.70 and a 200-day simple moving average of $48.89.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were issued a $0.17 dividend. This represents a $2.04 annualized dividend and a dividend yield of 4.18%. The ex-dividend date of this dividend was Wednesday, January 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.