First Trust Low Duration Opportunities ETF $LMBS Shares Purchased by First Trust Advisors LP

First Trust Advisors LP raised its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 11.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,232,615 shares of the company’s stock after purchasing an additional 129,380 shares during the quarter. First Trust Advisors LP owned about 1.11% of First Trust Low Duration Opportunities ETF worth $61,372,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CX Institutional purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter worth about $28,000. Financial Network Wealth Advisors LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at about $29,000. Hollencrest Capital Management purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter valued at about $31,000. Hazlett Burt & Watson Inc. lifted its position in First Trust Low Duration Opportunities ETF by 160.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $32,000 after acquiring an additional 400 shares in the last quarter. Finally, Asset Dedication LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter worth approximately $67,000.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ LMBS opened at $50.24 on Wednesday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.37 and a fifty-two week high of $51.98. The business has a 50 day moving average price of $50.20 and a two-hundred day moving average price of $50.02.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were given a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, February 20th.

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.