First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) is American Financial Advisors LLC’s 10th Largest Position

American Financial Advisors LLC lessened its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.9% in the 4th quarter, Holdings Channel reports. The fund owned 535,882 shares of the company’s stock after selling 10,318 shares during the period. First Trust Low Duration Opportunities ETF makes up approximately 3.8% of American Financial Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. American Financial Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $25,894,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in LMBS. Bessemer Group Inc. purchased a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter worth approximately $57,000. Sunbelt Securities Inc. purchased a new stake in First Trust Low Duration Opportunities ETF in the 1st quarter worth approximately $73,000. Harbor Investment Advisory LLC lifted its position in First Trust Low Duration Opportunities ETF by 23.0% in the 3rd quarter. Harbor Investment Advisory LLC now owns 1,710 shares of the company’s stock worth $81,000 after buying an additional 320 shares in the last quarter. Ameritas Investment Partners Inc. purchased a new stake in First Trust Low Duration Opportunities ETF in the 1st quarter worth approximately $97,000. Finally, CWM LLC lifted its position in First Trust Low Duration Opportunities ETF by 26.2% in the 3rd quarter. CWM LLC now owns 3,979 shares of the company’s stock worth $188,000 after buying an additional 826 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.0 %

LMBS stock traded down $0.02 during midday trading on Friday, reaching $47.71. The company had a trading volume of 218,188 shares, compared to its average volume of 527,976. First Trust Low Duration Opportunities ETF has a 1 year low of $46.58 and a 1 year high of $48.55. The company has a 50 day moving average of $48.09 and a two-hundred day moving average of $47.83.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a $0.175 dividend. The ex-dividend date of this dividend 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.