Heartland Bank & Trust Co Invests $5.66 Million in First Trust Low Duration Opportunities ETF $LMBS

Heartland Bank & Trust Co bought a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 113,616 shares of the company’s stock, valued at approximately $5,659,000. First Trust Low Duration Opportunities ETF accounts for 1.3% of Heartland Bank & Trust Co’s portfolio, making the stock its 14th biggest position. Heartland Bank & Trust Co owned 0.09% of First Trust Low Duration Opportunities ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Center For Asset Management LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 4th quarter worth approximately $1,555,000. Embree Financial Group acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $861,000. Secure Asset Management LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 4.9% in the fourth quarter. Secure Asset Management LLC now owns 252,620 shares of the company’s stock valued at $12,628,000 after buying an additional 11,896 shares in the last quarter. Aaron Wealth Advisors LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 30.9% in the fourth quarter. Aaron Wealth Advisors LLC now owns 458,338 shares of the company’s stock valued at $22,912,000 after buying an additional 108,212 shares during the period. Finally, Prism Advisors Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 10.4% in the fourth quarter. Prism Advisors Inc. now owns 305,394 shares of the company’s stock valued at $15,267,000 after buying an additional 28,886 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS opened at $49.78 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98. The business’s 50 day simple moving average is $49.77 and its 200 day simple moving average is $49.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was 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.