D.A. Davidson & CO. Has $6.36 Million Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

D.A. Davidson & CO. raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 128,788 shares of the company’s stock after purchasing an additional 3,456 shares during the quarter. D.A. Davidson & CO. owned approximately 0.14% of First Trust Low Duration Opportunities ETF worth $6,363,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. B. Riley Wealth Advisors Inc. lifted its position in First Trust Low Duration Opportunities ETF by 23.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 22,496 shares of the company’s stock worth $1,063,000 after buying an additional 4,275 shares in the last quarter. Comerica Bank grew its stake in shares of First Trust Low Duration Opportunities ETF by 6.9% during the first quarter. Comerica Bank now owns 171,415 shares of the company’s stock valued at $8,271,000 after purchasing an additional 11,010 shares during the last quarter. Atria Investments Inc increased its holdings in shares of First Trust Low Duration Opportunities ETF by 12.6% in the first quarter. Atria Investments Inc now owns 48,566 shares of the company’s stock valued at $2,343,000 after purchasing an additional 5,424 shares in the last quarter. Cetera Investment Advisers raised its position in First Trust Low Duration Opportunities ETF by 114.6% in the 1st quarter. Cetera Investment Advisers now owns 800,093 shares of the company’s stock worth $38,604,000 after purchasing an additional 427,232 shares during the last quarter. Finally, Cetera Advisors LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 196.2% during the 1st quarter. Cetera Advisors LLC now owns 260,567 shares of the company’s stock worth $12,572,000 after buying an additional 172,593 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $48.84 on Thursday. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49. The stock has a fifty day moving average of $48.97 and a 200-day moving average of $48.72.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a dividend yield of 4.18%. The ex-dividend date of this dividend is Thursday, November 21st.

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.