Trilogy Capital Inc. Purchases 67,264 Shares of First Trust Low Duration Opportunities ETF $LMBS

Trilogy Capital Inc. boosted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 13.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 558,041 shares of the company’s stock after buying an additional 67,264 shares during the quarter. First Trust Low Duration Opportunities ETF makes up about 1.2% of Trilogy Capital Inc.’s portfolio, making the stock its 21st biggest position. Trilogy Capital Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $27,796,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of LMBS. Palisade Asset Management LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 3rd quarter worth approximately $26,000. Bank of Montreal Can grew its stake in shares of First Trust Low Duration Opportunities ETF by 169.0% during the 4th quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $37,000 after acquiring an additional 463 shares in the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 38.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after purchasing an additional 250 shares during the last quarter. Motiv8 Investments LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $56,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $69,000.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS stock opened at $49.81 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $47.87 and a 12 month high of $51.98. The company’s fifty day simple moving average is $49.85 and its 200-day simple moving average is $50.01.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be paid a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date is Thursday, June 25th.

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.