AIFG Consultants Ltd. Has $2.79 Million Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

AIFG Consultants Ltd. increased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 174.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 57,642 shares of the company’s stock after purchasing an additional 36,625 shares during the period. First Trust Low Duration Opportunities ETF makes up about 2.1% of AIFG Consultants Ltd.’s holdings, making the stock its 15th biggest position. AIFG Consultants Ltd. owned 0.07% of First Trust Low Duration Opportunities ETF worth $2,785,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Bessemer Group Inc. acquired a new stake in First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $57,000. Sunbelt Securities Inc. acquired a new stake in First Trust Low Duration Opportunities ETF in the first quarter valued at approximately $73,000. Harbor Investment Advisory LLC grew its stake in First Trust Low Duration Opportunities ETF by 23.0% in the third quarter. Harbor Investment Advisory LLC now owns 1,710 shares of the company’s stock valued at $81,000 after acquiring an additional 320 shares during the period. Ameritas Investment Partners Inc. acquired a new stake in First Trust Low Duration Opportunities ETF in the first quarter valued at approximately $97,000. Finally, CWM LLC grew its stake in First Trust Low Duration Opportunities ETF by 26.2% in the third quarter. CWM LLC now owns 3,979 shares of the company’s stock valued at $188,000 after acquiring an additional 826 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

First Trust Low Duration Opportunities ETF stock traded down $0.05 during mid-day trading on Thursday, reaching $47.73. The stock had a trading volume of 472,438 shares, compared to its average volume of 532,107. First Trust Low Duration Opportunities ETF has a fifty-two week low of $46.58 and a fifty-two week high of $48.55. The stock’s 50-day simple moving average is $48.10 and its 200-day simple moving average is $47.83.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.175 dividend. The ex-dividend date was Thursday, March 21st. This represents a $2.10 dividend on an annualized basis and a yield of 4.40%.

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.