12,706 Shares in First Trust Low Duration Opportunities ETF $LMBS Acquired by CMC Financial Group

CMC Financial Group purchased a new position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,706 shares of the company’s stock, valued at approximately $633,000. First Trust Low Duration Opportunities ETF comprises 1.2% of CMC Financial Group’s holdings, making the stock its 21st biggest holding.

Other institutional investors also recently modified their holdings of the company. Palisade Asset Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $26,000. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 1st quarter worth $35,000. Bank of Montreal Can grew its holdings in shares of First Trust Low Duration Opportunities ETF by 169.0% in the 4th quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $37,000 after acquiring an additional 463 shares during the last quarter. Hazlett Burt & Watson Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 38.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after acquiring an additional 250 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth $56,000.

First Trust Low Duration Opportunities ETF Stock Down 0.5%

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.53 on Wednesday. First Trust Low Duration Opportunities ETF has a 12-month low of $47.87 and a 12-month high of $51.98. The stock’s fifty day moving average is $49.76 and its 200-day moving average is $49.97.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a c) dividend on an annualized basis and a 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.