BB&T Securities LLC grew its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 27.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 91,902 shares of the company’s stock after acquiring an additional 19,619 shares during the quarter. BB&T Securities LLC owned about 0.31% of First Trust Low Duration Opportunities ETF worth $4,702,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. AdvisorNet Financial Inc purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 1st quarter valued at about $100,000. Juncture Wealth Strategies LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter valued at about $200,000. Regal Investment Advisors LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter valued at about $207,000. Northwest Wealth Management LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 2,165.8% in the 2nd quarter. Northwest Wealth Management LLC now owns 4,169 shares of the company’s stock valued at $213,000 after purchasing an additional 3,985 shares during the period. Finally, M&T Bank Corp acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 1st quarter valued at about $214,000.

Shares of NASDAQ LMBS opened at $51.13 on Thursday. First Trust Low Duration Opportunities ETF has a 52-week low of $50.98 and a 52-week high of $52.20.

The company also recently announced a monthly dividend, which was paid on Friday, August 31st. Investors of record on Wednesday, August 22nd were given a $0.117 dividend. The ex-dividend date was Tuesday, August 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.75%.

Further Reading: Dividend Stocks – Are They Right For You?

Want to see what other hedge funds are holding LMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS).

Institutional Ownership by Quarter for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Receive News & Ratings for First Trust Low Duration Opportunities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Low Duration Opportunities ETF and related companies with MarketBeat.com's FREE daily email newsletter.