First Hawaiian Bank Sells 12,493 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

First Hawaiian Bank decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 27.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,507 shares of the company’s stock after selling 12,493 shares during the quarter. First Hawaiian Bank’s holdings in First Trust Low Duration Opportunities ETF were worth $1,582,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LMBS. Hershey Financial Advisers LLC bought a new position in First Trust Low Duration Opportunities ETF during the second quarter worth $30,000. Riggs Asset Managment Co. Inc. acquired a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth about $76,000. Prospera Private Wealth LLC bought a new position in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter worth about $79,000. Pinnacle Bancorp Inc. raised its position in shares of First Trust Low Duration Opportunities ETF by 23.4% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock worth $159,000 after acquiring an additional 611 shares in the last quarter. Finally, Zions Bancorporation N.A. acquired a new position in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter valued at about $192,000.

First Trust Low Duration Opportunities ETF Stock Up 0.1 %

NASDAQ LMBS opened at $48.51 on Friday. The business has a 50 day simple moving average of $48.73 and a 200 day simple moving average of $48.85. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a dividend yield of 4.21%. The ex-dividend date of this dividend was Friday, December 13th.

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.