First Trust Low Duration Opportunities ETF $LMBS Shares Acquired by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. grew its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 104.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 363,206 shares of the company’s stock after purchasing an additional 185,184 shares during the quarter. Vestmark Advisory Solutions Inc. owned approximately 0.35% of First Trust Low Duration Opportunities ETF worth $17,892,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. lifted its stake in First Trust Low Duration Opportunities ETF by 11.2% in the first quarter. Raymond James Financial Inc. now owns 3,410,262 shares of the company’s stock valued at $167,648,000 after buying an additional 343,406 shares during the last quarter. Commonwealth Equity Services LLC grew its position in First Trust Low Duration Opportunities ETF by 21.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 996,316 shares of the company’s stock worth $48,979,000 after purchasing an additional 173,388 shares during the last quarter. Berger Financial Group Inc lifted its position in First Trust Low Duration Opportunities ETF by 2.1% during the 2nd quarter. Berger Financial Group Inc now owns 991,200 shares of the company’s stock worth $48,827,000 after acquiring an additional 20,827 shares during the period. Envestnet Asset Management Inc. raised its position in First Trust Low Duration Opportunities ETF by 4.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 970,436 shares of the company’s stock worth $47,804,000 after buying an additional 41,990 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of First Trust Low Duration Opportunities ETF by 13.3% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 796,139 shares of the company’s stock worth $39,138,000 after acquiring an additional 93,675 shares during the period.

First Trust Low Duration Opportunities ETF Stock Up 0.2%

Shares of LMBS opened at $49.98 on Friday. The stock’s 50 day moving average is $49.90 and its two-hundred day moving average is $49.40. First Trust Low Duration Opportunities ETF has a twelve month low of $48.32 and a twelve month high of $50.25.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Tuesday, October 21st were issued a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, October 21st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.