Sanctuary Advisors LLC Sells 5,833 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Sanctuary Advisors LLC decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.6% in the 4th quarter, HoldingsChannel reports. The firm owned 71,232 shares of the company’s stock after selling 5,833 shares during the quarter. Sanctuary Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $3,472,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of LMBS. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Low Duration Opportunities ETF in the 4th quarter valued at approximately $47,000. Riggs Asset Managment Co. Inc. bought a new position in First Trust Low Duration Opportunities ETF in the third quarter valued at approximately $76,000. Prospera Private Wealth LLC acquired a new position in First Trust Low Duration Opportunities ETF during the third quarter valued at approximately $79,000. Harbor Investment Advisory LLC lifted its stake 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 during the last quarter. Finally, Proactive Wealth Strategies LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $203,000.

First Trust Low Duration Opportunities ETF Trading Down 0.2 %

Shares of LMBS opened at $48.84 on Friday. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49. The business’s fifty day moving average is $48.65 and its 200-day moving average is $48.90.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be given a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date is Friday, February 21st.

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.