First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Stock Position Lowered by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC trimmed its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 12.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,098 shares of the company’s stock after selling 1,281 shares during the period. Merkkuri Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $443,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 12.2% during the third quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after buying an additional 929,010 shares in the last quarter. Long Run Wealth Advisors LLC purchased a new position in First Trust Low Duration Opportunities ETF during the 3rd quarter valued at about $10,901,000. Financial Enhancement Group LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 87.4% in the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock valued at $21,258,000 after purchasing an additional 206,322 shares during the period. Foundations Investment Advisors LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 449.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 243,998 shares of the company’s stock valued at $12,056,000 after purchasing an additional 199,575 shares during the period. Finally, First International Bank & Trust acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the third quarter worth approximately $9,657,000.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of LMBS opened at $48.54 on Friday. The company’s 50 day moving average price is $48.70 and its 200 day moving average price is $48.88. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd will be given a $0.17 dividend. This represents a $2.04 annualized dividend and a yield of 4.20%. The ex-dividend date is Wednesday, January 22nd.

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.