Citadel Advisors LLC Purchases Shares of 137,190 First Trust Low Duration Opportunities ETF $LMBS

Citadel Advisors LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 137,190 shares of the company’s stock, valued at approximately $6,829,000.

Other hedge funds also recently made changes to their positions in the company. Betterment LLC grew its position in First Trust Low Duration Opportunities ETF by 11.4% in the second quarter. Betterment LLC now owns 6,674 shares of the company’s stock worth $329,000 after buying an additional 681 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter valued at $8,409,000. Raymond James Financial Inc. lifted its position in shares of First Trust Low Duration Opportunities ETF by 5.4% during the 2nd quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock valued at $177,115,000 after acquiring an additional 185,249 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth $890,000. Finally, Bank of America Corp DE boosted its stake in shares of First Trust Low Duration Opportunities ETF by 18.0% during the 2nd quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock worth $80,319,000 after acquiring an additional 248,784 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ LMBS opened at $49.49 on Tuesday. The stock’s fifty day simple moving average is $49.61 and its 200 day simple moving average is $49.83. First Trust Low Duration Opportunities ETF has a 52-week low of $47.87 and a 52-week high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were given a $0.17 dividend. The ex-dividend date was Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

First Trust Low Duration Opportunities ETF Company 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.