Claris Financial LLC Lowers Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

Claris Financial LLC lowered its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 28.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 40,681 shares of the company’s stock after selling 15,892 shares during the period. First Trust Low Duration Opportunities ETF comprises approximately 1.5% of Claris Financial LLC’s holdings, making the stock its 16th largest position. Claris Financial LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,004,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Coppell Advisory Solutions LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 44.0% in the second quarter. Coppell Advisory Solutions LLC now owns 60,565 shares of the company’s stock valued at $2,978,000 after acquiring an additional 18,492 shares in the last quarter. Asset Dedication LLC bought a new stake in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at approximately $67,000. Geneos Wealth Management Inc. raised its stake in First Trust Low Duration Opportunities ETF by 139.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 305,634 shares of the company’s stock valued at $15,056,000 after purchasing an additional 177,987 shares during the period. Hollencrest Capital Management purchased a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter worth approximately $31,000. Finally, Equitable Holdings Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 52.7% in the 2nd quarter. Equitable Holdings Inc. now owns 54,529 shares of the company’s stock worth $2,686,000 after purchasing an additional 18,809 shares during the period.

First Trust Low Duration Opportunities ETF Stock Down 0.4%

Shares of LMBS opened at $49.86 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $48.32 and a 1 year high of $50.25. The company has a 50 day simple moving average of $49.99 and a two-hundred day simple moving average of $49.60.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a $0.17 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Friday, December 12th.

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.