Ameritas Advisory Services LLC Trims Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Ameritas Advisory Services LLC decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 206,671 shares of the company’s stock after selling 8,647 shares during the quarter. Ameritas Advisory Services LLC owned approximately 0.21% of First Trust Low Duration Opportunities ETF worth $10,059,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 12.2% in the third quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after acquiring an additional 929,010 shares during the period. Long Run Wealth Advisors LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $10,901,000. Financial Enhancement Group LLC boosted its stake in First Trust Low Duration Opportunities ETF by 87.4% during the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock worth $21,258,000 after purchasing an additional 206,322 shares during the period. Foundations Investment Advisors LLC grew its position in First Trust Low Duration Opportunities ETF by 449.3% during the 3rd quarter. Foundations Investment Advisors LLC now owns 243,998 shares of the company’s stock worth $12,056,000 after purchasing an additional 199,575 shares during the last quarter. Finally, First International Bank & Trust acquired a new position in First Trust Low Duration Opportunities ETF in the third quarter valued at $9,657,000.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of NASDAQ:LMBS opened at $48.72 on Friday. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49. The company has a 50-day simple moving average of $48.71 and a 200-day simple moving average of $48.87.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $2.04 annualized dividend and a dividend yield of 4.19%.

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.