Stratos Wealth Partners LTD. Sells 16,711 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Stratos Wealth Partners LTD. reduced its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,411 shares of the company’s stock after selling 16,711 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in First Trust Low Duration Opportunities ETF were worth $7,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Beacon Financial Advisory LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock worth $343,000 after buying an additional 754 shares during the period. Claro Advisors LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 2.9% in the fourth quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock valued at $431,000 after acquiring an additional 249 shares in the last quarter. TFB Advisors LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 13.8% in the third quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock worth $657,000 after acquiring an additional 1,613 shares during the period. Braun Bostich & Associates Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 10.8% in the third quarter. Braun Bostich & Associates Inc. now owns 80,476 shares of the company’s stock worth $3,976,000 after acquiring an additional 7,824 shares during the period. Finally, TL Private Wealth grew its position in shares of First Trust Low Duration Opportunities ETF by 0.9% during the third quarter. TL Private Wealth now owns 305,513 shares of the company’s stock worth $14,943,000 after purchasing an additional 2,686 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $48.81 on Thursday. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49. The stock’s 50 day moving average is $48.70 and its 200 day moving average is $48.89.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

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.