First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Holdings Boosted by Jones Financial Companies Lllp

Jones Financial Companies Lllp grew its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 804.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,506 shares of the company’s stock after buying an additional 24,466 shares during the period. Jones Financial Companies Lllp’s holdings in First Trust Low Duration Opportunities ETF were worth $1,339,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Principal Securities Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 26.2% during the fourth quarter. Principal Securities Inc. now owns 18,690 shares of the company’s stock valued at $910,000 after buying an additional 3,875 shares during the last quarter. Claro Advisors LLC raised 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 buying an additional 249 shares during the last quarter. TFB Advisors LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 13.8% during the third quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock valued at $657,000 after buying an additional 1,613 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 2.0% during the third quarter. HighTower Advisors LLC now owns 349,475 shares of the company’s stock valued at $17,273,000 after buying an additional 6,854 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 2.8% during the fourth quarter. DAVENPORT & Co LLC now owns 52,433 shares of the company’s stock valued at $2,552,000 after buying an additional 1,427 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

LMBS opened at $49.06 on Friday. The business’s 50 day moving average is $48.75 and its 200-day moving average is $48.91. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.17 per share. The ex-dividend date was Friday, February 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.16%.

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.