Janney Montgomery Scott LLC Reduces Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Janney Montgomery Scott LLC decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,050 shares of the company’s stock after selling 1,818 shares during the period. Janney Montgomery Scott LLC owned approximately 0.20% of First Trust Low Duration Opportunities ETF worth $5,182,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE lifted its stake in First Trust Low Duration Opportunities ETF by 24.2% in the fourth quarter. Bank of America Corp DE now owns 2,738,505 shares of the company’s stock worth $139,801,000 after purchasing an additional 533,426 shares during the last quarter. Arlington Financial Advisors LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $25,931,000. American Financial Advisors LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 6,786.7% during the first quarter. American Financial Advisors LLC now owns 456,177 shares of the company’s stock valued at $23,392,000 after acquiring an additional 449,553 shares in the last quarter. Morgan Stanley raised its stake in shares of First Trust Low Duration Opportunities ETF by 10.0% during the third quarter. Morgan Stanley now owns 4,335,445 shares of the company’s stock valued at $220,978,000 after acquiring an additional 395,612 shares in the last quarter. Finally, Chessman Wealth Strategies RIA purchased a new position in First Trust Low Duration Opportunities ETF during the first quarter valued at approximately $18,639,000.

LMBS stock traded down $0.02 during trading on Wednesday, hitting $51.40. 391,062 shares of the company’s stock traded hands, compared to its average volume of 444,869. First Trust Low Duration Opportunities ETF has a 1 year low of $50.78 and a 1 year high of $51.49.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 22nd will be issued a dividend of $0.1175 per share. This represents a $1.41 annualized dividend and a yield of 2.74%. The ex-dividend date of this dividend is Tuesday, May 21st.

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

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