Kestra Advisory Services LLC Purchases 52,138 Shares of First Trust Low Duration Opportunities ETF $LMBS

Kestra Advisory Services LLC lifted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 17.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 358,049 shares of the company’s stock after purchasing an additional 52,138 shares during the quarter. Kestra Advisory Services LLC owned about 0.27% of First Trust Low Duration Opportunities ETF worth $17,351,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in LMBS. Commonwealth Equity Services LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at $78,781,000. International Assets Investment Management LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 4,412.0% during the third quarter. International Assets Investment Management LLC now owns 600,000 shares of the company’s stock valued at $29,076,000 after buying an additional 586,702 shares during the period. Financial Enhancement Group LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter worth approximately $26,082,000. Royal Bank of Canada boosted its position in First Trust Low Duration Opportunities ETF by 13.0% during the 1st quarter. Royal Bank of Canada now owns 3,242,866 shares of the company’s stock valued at $161,527,000 after acquiring an additional 372,725 shares in the last quarter. Finally, Commonwealth Financial Services LLC grew its stake in First Trust Low Duration Opportunities ETF by 7,161.8% in the first quarter. Commonwealth Financial Services LLC now owns 294,031 shares of the company’s stock valued at $14,646,000 after purchasing an additional 289,982 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS opened at $49.14 on Monday. The business’s 50-day moving average is $48.93 and its 200 day moving average is $49.65. First Trust Low Duration Opportunities ETF has a 1 year low of $47.60 and a 1 year high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, November 2nd. Investors of record on Wednesday, October 21st were issued a $0.17 dividend. This represents a $2.04 annualized dividend and a yield of 4.2%. The ex-dividend date was Wednesday, October 21st.

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.