Tanager Wealth Management LLP Sells 1,860 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Tanager Wealth Management LLP cut its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 16.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,419 shares of the company’s stock after selling 1,860 shares during the period. Tanager Wealth Management LLP’s holdings in First Trust Low Duration Opportunities ETF were worth $455,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Imprint Wealth LLC raised its position in First Trust Low Duration Opportunities ETF by 9.2% in the fourth quarter. Imprint Wealth LLC now owns 37,788 shares of the company’s stock worth $1,826,000 after acquiring an additional 3,174 shares during the period. Friedenthal Financial raised its position in shares of First Trust Low Duration Opportunities ETF by 1.8% during the 4th quarter. Friedenthal Financial now owns 50,420 shares of the company’s stock valued at $2,436,000 after purchasing an additional 874 shares during the period. SRS Capital Advisors Inc. raised its position in shares of First Trust Low Duration Opportunities ETF by 5.7% during the 3rd quarter. SRS Capital Advisors Inc. now owns 511,118 shares of the company’s stock valued at $24,145,000 after purchasing an additional 27,527 shares during the period. W.H. Cornerstone Investments Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $224,000. Finally, EWG Elevate Inc. raised its position in shares of First Trust Low Duration Opportunities ETF by 1.8% during the 4th quarter. EWG Elevate Inc. now owns 198,643 shares of the company’s stock valued at $9,598,000 after purchasing an additional 3,479 shares during the period.

First Trust Low Duration Opportunities ETF Stock Down 0.0 %

Shares of LMBS stock traded down $0.02 on Friday, hitting $47.71. 218,188 shares of the stock traded hands, compared to its average volume of 527,976. First Trust Low Duration Opportunities ETF has a 52 week low of $46.58 and a 52 week high of $48.55. The firm has a 50 day simple moving average of $48.09 and a two-hundred day simple moving average of $47.83.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.175 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $2.10 annualized dividend and a dividend yield of 4.40%.

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.