Insight Inv LLC Boosts Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

Insight Inv LLC lifted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 20.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,900 shares of the company’s stock after acquiring an additional 10,767 shares during the period. First Trust Low Duration Opportunities ETF makes up approximately 1.5% of Insight Inv LLC’s portfolio, making the stock its 25th largest position. Insight Inv LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $3,131,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in LMBS. Palisade Asset Management LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $26,000. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of First Trust Low Duration Opportunities ETF in the first quarter worth $35,000. 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 worth $37,000 after purchasing an additional 463 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 38.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after purchasing an additional 250 shares in the last quarter. Finally, Coppell Advisory Solutions LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter valued at $49,000.

First Trust Low Duration Opportunities ETF Stock Up 0.1%

First Trust Low Duration Opportunities ETF stock opened at $49.49 on Friday. First Trust Low Duration Opportunities ETF has a one year low of $47.87 and a one year high of $51.98. The business’s fifty day moving average is $49.61 and its 200 day moving average is $49.84.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were paid a dividend of $0.17 per share. The ex-dividend date was Friday, August 21st. This represents a c) annualized dividend and a yield of 4.1%.

First Trust Low Duration Opportunities ETF Company 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.