First Trust Low Duration Opportunities ETF $LMBS Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 584,447 shares of the company’s stock after buying an additional 39,466 shares during the period. Private Advisor Group LLC owned about 0.48% of First Trust Low Duration Opportunities ETF worth $29,111,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Palisade Asset Management LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the third quarter worth $26,000. Bank of Montreal Can raised its stake in shares of First Trust Low Duration Opportunities ETF by 169.0% in the fourth quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $37,000 after acquiring an additional 463 shares in the last quarter. Hazlett Burt & Watson Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF by 38.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after acquiring an additional 250 shares in the last quarter. Motiv8 Investments LLC purchased a new position in First Trust Low Duration Opportunities ETF in the fourth quarter valued at $56,000. Finally, Flagship Harbor Advisors LLC purchased a new position in First Trust Low Duration Opportunities ETF in the fourth quarter valued at $69,000.

First Trust Low Duration Opportunities ETF Price Performance

LMBS opened at $49.74 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $47.87 and a 12 month high of $51.98. The business has a fifty day moving average price of $49.82 and a 200 day moving average price of $50.00.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.17 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Thursday, June 25th.

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.