RFG Advisory LLC Has $1.54 Million Stake in First Trust Low Duration Opportunities ETF $LMBS

RFG Advisory LLC boosted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 158.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,902 shares of the company’s stock after purchasing an additional 18,946 shares during the period. RFG Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,539,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. CX Institutional bought a new stake in shares of First Trust Low Duration Opportunities ETF during the third quarter worth about $28,000. Financial Network Wealth Advisors LLC acquired a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth approximately $29,000. Creekmur Asset Management LLC grew its holdings in First Trust Low Duration Opportunities ETF by 497.2% during the 2nd quarter. Creekmur Asset Management LLC now owns 633 shares of the company’s stock worth $31,000 after acquiring an additional 527 shares during the last quarter. Hollencrest Capital Management acquired a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter valued at approximately $31,000. Finally, Hazlett Burt & Watson Inc. increased its position in First Trust Low Duration Opportunities ETF by 160.0% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $32,000 after acquiring an additional 400 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.0%

Shares of NASDAQ:LMBS opened at $50.27 on Thursday. The firm’s fifty day moving average is $50.07 and its 200-day moving average is $49.90. First Trust Low Duration Opportunities ETF has a 52 week low of $48.37 and a 52 week high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) annualized dividend and a yield of 4.1%.

About First Trust Low Duration Opportunities ETF

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.