RFG Advisory LLC Buys 19,943 Shares of First Trust Low Duration Opportunities ETF $LMBS

RFG Advisory LLC lifted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 64.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 50,845 shares of the company’s stock after acquiring an additional 19,943 shares during the quarter. RFG Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,542,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Insight Inv LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 48.1% in the 3rd quarter. Insight Inv LLC now owns 38,167 shares of the company’s stock worth $1,900,000 after acquiring an additional 12,397 shares in the last quarter. Cerity Partners LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 6.1% in the 3rd quarter. Cerity Partners LLC now owns 431,911 shares of the company’s stock worth $21,505,000 after acquiring an additional 24,782 shares in the last quarter. Csenge Advisory Group grew its stake in shares of First Trust Low Duration Opportunities ETF by 4.3% in the 3rd quarter. Csenge Advisory Group now owns 768,104 shares of the company’s stock worth $38,244,000 after acquiring an additional 31,611 shares in the last quarter. Secure Asset Management LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 4.9% in the 4th quarter. Secure Asset Management LLC now owns 252,620 shares of the company’s stock worth $12,628,000 after acquiring an additional 11,896 shares in the last quarter. Finally, Center For Asset Management LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 4th quarter worth $1,555,000.

First Trust Low Duration Opportunities ETF Trading Down 0.0%

NASDAQ LMBS opened at $49.97 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $48.47 and a 1 year high of $51.98. The company has a fifty day moving average price of $50.02 and a 200-day moving average price of $50.06.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, April 21st were paid a $0.17 dividend. The ex-dividend date was Tuesday, April 21st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.