Farther Finance Advisors LLC Acquires 1,548 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Farther Finance Advisors LLC raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 9.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,325 shares of the company’s stock after acquiring an additional 1,548 shares during the period. Farther Finance Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $843,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Claro Advisors LLC grew its position in First Trust Low Duration Opportunities ETF by 2.9% in 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 during the last quarter. Riggs Asset Managment Co. Inc. grew its position in First Trust Low Duration Opportunities ETF by 16.2% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock valued at $87,000 after acquiring an additional 250 shares during the last quarter. Pinnacle Family Advisors LLC grew its position in First Trust Low Duration Opportunities ETF by 4.3% in the third quarter. Pinnacle Family Advisors LLC now owns 9,508 shares of the company’s stock valued at $470,000 after acquiring an additional 391 shares during the last quarter. Holistic Financial Partners grew its position in First Trust Low Duration Opportunities ETF by 2.9% in the third quarter. Holistic Financial Partners now owns 14,921 shares of the company’s stock valued at $737,000 after acquiring an additional 419 shares during the last quarter. Finally, Proactive Wealth Strategies LLC grew its position in First Trust Low Duration Opportunities ETF by 10.8% in the fourth quarter. Proactive Wealth Strategies LLC now owns 4,551 shares of the company’s stock valued at $222,000 after acquiring an additional 444 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

First Trust Low Duration Opportunities ETF stock opened at $49.08 on Friday. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49. The business’s 50-day moving average price is $48.79 and its two-hundred day moving average price is $48.91.

First Trust Low Duration Opportunities ETF Announces Dividend

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