First Trust Low Duration Opportunities ETF $LMBS Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC raised its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 9.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 286,339 shares of the company’s stock after buying an additional 24,894 shares during the period. Private Advisor Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $14,257,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of LMBS. CX Institutional purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter worth about $28,000. Financial Network Wealth Advisors LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter valued at about $29,000. Hollencrest Capital Management purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter valued at about $31,000. Hazlett Burt & Watson Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 160.0% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $32,000 after purchasing an additional 400 shares during the period. Finally, Asset Dedication LLC purchased a new position in First Trust Low Duration Opportunities ETF during the second quarter worth approximately $67,000.

First Trust Low Duration Opportunities ETF Stock Down 0.1%

Shares of LMBS stock opened at $50.24 on Wednesday. The stock has a 50 day simple moving average of $50.20 and a 200-day simple moving average of $50.02. First Trust Low Duration Opportunities ETF has a 1-year low of $48.37 and a 1-year high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.