Kestra Advisory Services LLC Cuts Stock Position in First Trust Low Duration Opportunities ETF $LMBS

Kestra Advisory Services LLC decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 260,475 shares of the company’s stock after selling 10,868 shares during the period. Kestra Advisory Services LLC owned about 0.21% of First Trust Low Duration Opportunities ETF worth $12,974,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Certified Advisory Corp lifted its position in shares of First Trust Low Duration Opportunities ETF by 3.2% during the first quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock worth $321,000 after purchasing an additional 200 shares in the last quarter. TrueWealth Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 3.7% in the fourth quarter. TrueWealth Advisors LLC now owns 5,797 shares of the company’s stock valued at $290,000 after purchasing an additional 209 shares in the last quarter. Valley Financial Group Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 1.9% in the third quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock valued at $663,000 after purchasing an additional 246 shares in the last quarter. Hazlett Burt & Watson Inc. increased its stake in First Trust Low Duration Opportunities ETF by 38.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after buying an additional 250 shares during the period. Finally, Pinnacle Bancorp Inc. increased its stake in First Trust Low Duration Opportunities ETF by 9.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 4,100 shares of the company’s stock worth $204,000 after buying an additional 350 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $49.69 on Monday. First Trust Low Duration Opportunities ETF has a 52-week low of $47.87 and a 52-week high of $51.98. The company’s 50 day moving average is $49.79 and its two-hundred day moving average is $49.99.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.