Telemus Capital LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) during the 4th quarter, Holdings Channel reports. The fund acquired 5,974 shares of the company’s stock, valued at approximately $289,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Imprint Wealth LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 9.2% during the fourth quarter. Imprint Wealth LLC now owns 37,788 shares of the company’s stock valued at $1,826,000 after buying an additional 3,174 shares during the period. Friedenthal Financial raised its stake in First Trust Low Duration Opportunities ETF by 1.8% during the fourth quarter. Friedenthal Financial now owns 50,420 shares of the company’s stock worth $2,436,000 after purchasing an additional 874 shares during the period. SRS Capital Advisors Inc. raised its stake in First Trust Low Duration Opportunities ETF by 5.7% during the third quarter. SRS Capital Advisors Inc. now owns 511,118 shares of the company’s stock worth $24,145,000 after purchasing an additional 27,527 shares during the period. W.H. Cornerstone Investments Inc. purchased a new position in First Trust Low Duration Opportunities ETF during the third quarter worth approximately $224,000. Finally, EWG Elevate Inc. raised its stake in First Trust Low Duration Opportunities ETF by 1.8% during the fourth quarter. EWG Elevate Inc. now owns 198,643 shares of the company’s stock worth $9,598,000 after purchasing an additional 3,479 shares during the period.
First Trust Low Duration Opportunities ETF Stock Up 0.1 %
NASDAQ:LMBS opened at $47.77 on Tuesday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $46.58 and a fifty-two week high of $48.55. The firm’s 50 day moving average is $48.07 and its two-hundred day moving average is $47.85.
First Trust Low Duration Opportunities ETF Announces Dividend
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.
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Want to see what other hedge funds are holding LMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report).
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