Chicago Partners Investment Group LLC Acquires 310 Shares of First Trust Low Duration Opportunities ETF $LMBS

Chicago Partners Investment Group LLC boosted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,114 shares of the company’s stock after acquiring an additional 310 shares during the period. Chicago Partners Investment Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,431,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in LMBS. SouthState Corp bought a new position in First Trust Low Duration Opportunities ETF in the first quarter worth approximately $82,000. Rossby Financial LCC bought a new position in First Trust Low Duration Opportunities ETF in the first quarter worth approximately $87,000. Clarity Capital Partners LLC bought a new position in First Trust Low Duration Opportunities ETF in the first quarter worth approximately $203,000. Rathbones Group PLC bought a new position in First Trust Low Duration Opportunities ETF in the first quarter worth approximately $209,000. Finally, Parallel Advisors LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 15.9% in the second quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock worth $213,000 after acquiring an additional 593 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.0%

Shares of NASDAQ:LMBS opened at $50.15 on Tuesday. The business’s 50 day simple moving average is $49.78 and its two-hundred day simple moving average is $49.29. First Trust Low Duration Opportunities ETF has a 52-week low of $48.32 and a 52-week high of $50.25.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.