Kingsview Wealth Management LLC Cuts Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Kingsview Wealth Management LLC lessened its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 228,616 shares of the company’s stock after selling 26,614 shares during the quarter. Kingsview Wealth Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $11,127,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Riggs Asset Managment Co. Inc. bought a new position in First Trust Low Duration Opportunities ETF in the 3rd quarter worth about $76,000. Prospera Private Wealth LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter worth approximately $79,000. Harbor Investment Advisory LLC raised its holdings in First Trust Low Duration Opportunities ETF by 20.1% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock worth $134,000 after purchasing an additional 459 shares in the last quarter. Pinnacle Bancorp Inc. lifted its position in First Trust Low Duration Opportunities ETF by 23.4% in the third quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock worth $159,000 after purchasing an additional 611 shares during the period. Finally, Proactive Wealth Strategies LLC bought a new position in First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $203,000.

First Trust Low Duration Opportunities ETF Stock Down 0.1 %

Shares of LMBS opened at $48.76 on Friday. The firm’s 50 day moving average is $48.70 and its 200-day moving average is $48.89. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a dividend of $0.17 per share. The ex-dividend date was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%.

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.