We Are One Seven LLC Trims Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

We Are One Seven LLC reduced its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSGet Rating) by 7.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,379 shares of the company’s stock after selling 1,202 shares during the period. We Are One Seven LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $719,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LMBS. Ahrens Investment Partners LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 4th quarter valued at $25,000. PSI Advisors LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $31,000. Kings Point Capital Management purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $101,000. Huntington National Bank grew its position in shares of First Trust Low Duration Opportunities ETF by 229,500.0% during the 4th quarter. Huntington National Bank now owns 2,296 shares of the company’s stock valued at $115,000 after purchasing an additional 2,295 shares in the last quarter. Finally, Moors & Cabot Inc. grew its position in shares of First Trust Low Duration Opportunities ETF by 11.7% during the 3rd quarter. Moors & Cabot Inc. now owns 4,875 shares of the company’s stock valued at $246,000 after purchasing an additional 510 shares in the last quarter.

Shares of NASDAQ:LMBS opened at $48.68 on Thursday. First Trust Low Duration Opportunities ETF has a 52-week low of $48.56 and a 52-week high of $51.56. The firm has a fifty day moving average of $49.01 and a 200 day moving average of $49.65.

The business also recently announced a monthly dividend, which was paid on Friday, April 29th. Investors of record on Friday, April 22nd were given a $0.078 dividend. The ex-dividend date was Thursday, April 21st. This represents a $0.94 annualized dividend and a yield of 1.92%.

Further Reading

Institutional Ownership by Quarter for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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