Clifford Swan Investment Counsel LLC Decreases Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

Clifford Swan Investment Counsel LLC trimmed its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 303,153 shares of the company’s stock after selling 23,616 shares during the period. Clifford Swan Investment Counsel LLC owned approximately 0.26% of First Trust Low Duration Opportunities ETF worth $15,155,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Center For Asset Management LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $1,555,000. Secure Asset Management LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 4.9% during the fourth quarter. Secure Asset Management LLC now owns 252,620 shares of the company’s stock valued at $12,628,000 after purchasing an additional 11,896 shares during the last quarter. Aaron Wealth Advisors LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 30.9% during the fourth quarter. Aaron Wealth Advisors LLC now owns 458,338 shares of the company’s stock valued at $22,912,000 after purchasing an additional 108,212 shares during the last quarter. Endowment Wealth Management Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 29.9% during the third quarter. Endowment Wealth Management Inc. now owns 70,426 shares of the company’s stock valued at $3,506,000 after purchasing an additional 16,203 shares during the last quarter. Finally, Embree Financial Group purchased a new position in shares of First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $861,000.

First Trust Low Duration Opportunities ETF Price Performance

LMBS opened at $49.78 on Friday. The firm has a 50 day moving average price of $49.87 and a 200-day moving average price of $50.03. First Trust Low Duration Opportunities ETF has a twelve month low of $47.87 and a twelve month high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 21st were issued a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, May 21st.

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.