Northeast Planning Associates INC. NH Purchases 3,491 Shares of First Trust Low Duration Opportunities ETF $LMBS

Northeast Planning Associates INC. NH grew its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 52,797 shares of the company’s stock after buying an additional 3,491 shares during the quarter. First Trust Low Duration Opportunities ETF comprises about 2.4% of Northeast Planning Associates INC. NH’s investment portfolio, making the stock its 11th largest position. Northeast Planning Associates INC. NH’s holdings in First Trust Low Duration Opportunities ETF were worth $2,601,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of LMBS. Creekmur Asset Management LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 497.2% in the 2nd quarter. Creekmur Asset Management LLC now owns 633 shares of the company’s stock worth $31,000 after buying an additional 527 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter valued at approximately $46,000. Y.D. More Investments Ltd lifted its stake in First Trust Low Duration Opportunities ETF by 133.7% in the second quarter. Y.D. More Investments Ltd now owns 1,596 shares of the company’s stock worth $78,000 after acquiring an additional 913 shares during the period. SouthState Corp bought a new stake in First Trust Low Duration Opportunities ETF in the first quarter valued at $82,000. Finally, Daymark Wealth Partners LLC purchased a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at $208,000.

First Trust Low Duration Opportunities ETF Stock Down 0.2%

Shares of LMBS opened at $49.93 on Friday. First Trust Low Duration Opportunities ETF has a 1-year low of $48.32 and a 1-year high of $50.25. The firm’s 50-day moving average price is $49.95 and its 200-day moving average price is $49.48.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 21st will be issued a dividend of $0.17 per share. The ex-dividend date is Friday, November 21st. This represents a c) dividend on an annualized basis 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.