Platform Technology Partners Sells 647 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Platform Technology Partners trimmed its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.4% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 8,070 shares of the company’s stock after selling 647 shares during the period. Platform Technology Partners’ holdings in First Trust Low Duration Opportunities ETF were worth $384,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC raised its stake in First Trust Low Duration Opportunities ETF by 7.5% during the 1st quarter. LPL Financial LLC now owns 6,023,175 shares of the company’s stock worth $288,329,000 after buying an additional 421,934 shares during the period. UBS Group AG grew its holdings in First Trust Low Duration Opportunities ETF by 8.0% during the first quarter. UBS Group AG now owns 3,753,740 shares of the company’s stock worth $179,692,000 after purchasing an additional 278,470 shares during the period. First Trust Advisors LP boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 27.7% during the first quarter. First Trust Advisors LP now owns 2,740,946 shares of the company’s stock worth $134,169,000 after acquiring an additional 594,694 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 21.1% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 2,615,572 shares of the company’s stock worth $125,207,000 after acquiring an additional 456,269 shares during the period. Finally, Advisor Group Holdings Inc. raised its position in shares of First Trust Low Duration Opportunities ETF by 7.4% in the fourth quarter. Advisor Group Holdings Inc. now owns 1,390,765 shares of the company’s stock valued at $65,941,000 after buying an additional 95,291 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.1 %

Shares of NASDAQ LMBS traded down $0.03 during midday trading on Monday, reaching $47.61. The company’s stock had a trading volume of 126,549 shares, compared to its average volume of 653,787. First Trust Low Duration Opportunities ETF has a fifty-two week low of $46.62 and a fifty-two week high of $48.49. The business’s 50 day moving average price is $47.61 and its two-hundred day moving average price is $47.81.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 31st. Stockholders of record on Wednesday, August 23rd were issued a dividend of $0.165 per share. The ex-dividend date of this dividend was Tuesday, August 22nd. This represents a $1.98 annualized dividend and a dividend yield of 4.16%.

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.