First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Acquired by MRA Advisory Group

MRA Advisory Group raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 201,170 shares of the company’s stock after buying an additional 6,159 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for 5.2% of MRA Advisory Group’s investment portfolio, making the stock its 4th largest holding. MRA Advisory Group owned about 0.21% of First Trust Low Duration Opportunities ETF worth $9,791,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Columbia Advisory Partners LLC increased its position in First Trust Low Duration Opportunities ETF by 5.8% in the 4th quarter. Columbia Advisory Partners LLC now owns 26,636 shares of the company’s stock valued at $1,296,000 after buying an additional 1,459 shares in the last quarter. Searcy Financial Services Inc. ADV grew its stake in First Trust Low Duration Opportunities ETF by 6.2% in the fourth quarter. Searcy Financial Services Inc. ADV now owns 380,588 shares of the company’s stock valued at $18,523,000 after acquiring an additional 22,080 shares during the period. Claro Advisors LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 2.9% during the fourth quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock valued at $431,000 after acquiring an additional 249 shares in the last quarter. First International Bank & Trust raised its position in shares of First Trust Low Duration Opportunities ETF by 8.0% during the fourth quarter. First International Bank & Trust now owns 210,988 shares of the company’s stock worth $10,269,000 after purchasing an additional 15,551 shares during the period. Finally, Private Client Services LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 9.5% in the 4th quarter. Private Client Services LLC now owns 7,903 shares of the company’s stock worth $385,000 after purchasing an additional 686 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock opened at $48.39 on Tuesday. The firm has a fifty day simple moving average of $48.72 and a two-hundred day simple moving average of $48.86. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a dividend yield of 4.22%. The ex-dividend date was Friday, December 13th.

About First Trust Low Duration Opportunities ETF

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.