First Trust Low Duration Opportunities ETF $LMBS Stock Purchased by MRA Advisory Group

MRA Advisory Group increased its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 15.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 170,684 shares of the company’s stock after purchasing an additional 22,482 shares during the quarter. First Trust Low Duration Opportunities ETF makes up approximately 3.0% of MRA Advisory Group’s holdings, making the stock its 7th largest holding. MRA Advisory Group’s holdings in First Trust Low Duration Opportunities ETF were worth $8,271,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in LMBS. Searcy Financial Services Inc. ADV purchased a new stake in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at about $11,924,000. Private Client Services LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth $239,000. Envestnet Asset Management Inc. lifted its position in shares of First Trust Low Duration Opportunities ETF by 15.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,019,474 shares of the company’s stock worth $50,749,000 after purchasing an additional 137,128 shares in the last quarter. Talon Private Wealth LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 14.4% during the second quarter. Talon Private Wealth LLC now owns 4,898 shares of the company’s stock worth $244,000 after acquiring an additional 618 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 12.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 504,821 shares of the company’s stock valued at $25,130,000 after buying an additional 57,764 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.0%

Shares of NASDAQ:LMBS traded down $0.01 on Wednesday, reaching $48.51. 663,015 shares of the company’s stock were exchanged, compared to its average volume of 563,101. First Trust Low Duration Opportunities ETF has a fifty-two week low of $47.87 and a fifty-two week high of $51.98. The business’s 50-day moving average is $49.30 and its two-hundred day moving average is $49.63.

First Trust Low Duration Opportunities ETF Dividend Announcement

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