LMBS Surges Past Important Moving Average Threshold

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On Wednesday, shares of the First Trust Low Duration Opportunities ETF (LMBS) traded as high as $48.97, surpassing their 200-day moving average of $48.93. The ETF was up approximately 0.2% for the day.

Over the past year, LMBS has seen a low of $45.06 and a high of $51.49, with the latest trade recorded at $48.98.

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