First Trust Low Duration Opport (NASDAQ:LMBS).

Pinnacle Advisory Group, Inc. says it bought 8,839 shares last quarter increasing its exposure to First Trust Low Duration Opport by 1.8%. Its stake stood at $25,747,000 an increase of $402,000 as of quarter end.

These firms have modified their investment in LMBS. As of quarter end First Trust Advisors Lp had sold 13,914 shares trimming its stake by 40.6%. The value in dollars decreased from $1,786,000 to $1,059,000 decreasing 40.7% quarter over quarter. As of the end of the quarter Pinnacle Advisory Group, Inc. had acquired a total of 8,839 shares growing its holdings by 1.8%. The value of the total investment in First Trust Low Duration Opport went from $25,345,000 to $25,747,000 a change of 1.6% quarter to quarter.

As of the end of the quarter Pinnacle Advisory Group, Inc. had bought a total of 8,839 shares growing its position 1.8%. The value of the investment in (LMBS) increased from $25,345,000 to $25,747,000 a change of $402,000 for the reporting period. Raymond James Financial Services Advisors, Inc. expanded its stake by buying 48,617 shares an increase of 22.6% from 06/30/2017 to 09/30/2017. Raymond James Financial Services Advisors, Inc. controls 263,643 shares worth $13,707,000. The total value of its holdings increased 22.3%.

Ifc Holdings Incorporated/fl bolstered its position by buying 17,528 shares an increase of 32.4%. Ifc Holdings Incorporated/fl currently owns 71,590 shares with a value of $3,719,000. The value of the position overall is up by 32.0%.

In the market the company is trading up by 0.06% percent from yesterday’s close. The stock is trading at $51.83 just a bit lower than the 50 day moving average which is $51.98 and which is just a bit below the 200 day moving average of $52.11. The 50 day moving average went down $-0.15 or -0.29% whereas the 200 day average was down by -0.53%.

Short traders are more bearish on the company as inferred by the motion in short interest. The stock had a rise in short interest from September 29, 2017 to October 13, 2017 of 13.52%. Short shares increased from 52,506 to 59,606 over that timeframe.