37,169 Shares in First Trust Low Duration Opportunities ETF $LMBS Bought by Ifrah Financial Services Inc.

Ifrah Financial Services Inc. bought a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 37,169 shares of the company’s stock, valued at approximately $1,801,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 1st quarter valued at $35,000. Motiv8 Investments LLC bought a new position in shares of First Trust Low Duration Opportunities ETF in the fourth quarter worth $56,000. NI Acquisitions Company LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter worth $67,000. Noble Wealth Management PBC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter worth $113,000. Finally, Highland Investment Advisors LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter worth $174,000.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ:LMBS opened at $48.69 on Wednesday. First Trust Low Duration Opportunities ETF has a 52-week low of $47.60 and a 52-week high of $51.98. The stock has a fifty day moving average of $49.21 and a 200 day moving average of $49.59.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Thursday, September 24th.

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.