KMG Fiduciary Partners LLC Purchases 3,689 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

KMG Fiduciary Partners LLC increased its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 8.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,381 shares of the company’s stock after purchasing an additional 3,689 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,209,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of LMBS. LPL Financial LLC grew its stake in First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after buying an additional 929,010 shares during the last quarter. Long Run Wealth Advisors LLC acquired a new position in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at about $10,901,000. Financial Enhancement Group LLC grew its stake in First Trust Low Duration Opportunities ETF by 87.4% in the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock valued at $21,258,000 after buying an additional 206,322 shares during the last quarter. Foundations Investment Advisors LLC grew its stake in First Trust Low Duration Opportunities ETF by 449.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 243,998 shares of the company’s stock valued at $12,056,000 after buying an additional 199,575 shares during the last quarter. Finally, First International Bank & Trust acquired a new position in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at about $9,657,000.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ:LMBS opened at $48.70 on Friday. The company’s 50 day moving average price is $48.72 and its two-hundred day moving average price is $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. Shareholders of record on Friday, December 13th were given a dividend of $0.17 per share. The ex-dividend date was Friday, December 13th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.19%.

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.