11,068 Shares in First Trust Low Duration Opportunities ETF $LMBS Bought by Smart Portfolios LLC

Smart Portfolios LLC purchased a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 11,068 shares of the company’s stock, valued at approximately $553,000.

Several other hedge funds have also recently modified their holdings of LMBS. TrueWealth Advisors LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 3.7% in the fourth quarter. TrueWealth Advisors LLC now owns 5,797 shares of the company’s stock valued at $290,000 after acquiring an additional 209 shares in the last quarter. Condor Capital Management raised its stake in First Trust Low Duration Opportunities ETF by 0.4% in the 3rd quarter. Condor Capital Management now owns 50,896 shares of the company’s stock valued at $2,534,000 after purchasing an additional 228 shares during the last quarter. Lion Street Advisors LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 5.7% in the 3rd quarter. Lion Street Advisors LLC now owns 4,398 shares of the company’s stock valued at $222,000 after purchasing an additional 236 shares in the last quarter. Valley Financial Group Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 1.9% during the 3rd quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock worth $663,000 after purchasing an additional 246 shares during the last quarter. Finally, Koshinski Asset Management Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 5.5% during the third quarter. Koshinski Asset Management Inc. now owns 5,870 shares of the company’s stock worth $292,000 after buying an additional 307 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS opened at $49.87 on Thursday. First Trust Low Duration Opportunities ETF has a 1 year low of $48.45 and a 1 year high of $51.98. The company’s 50 day simple moving average is $50.06 and its 200 day simple moving average is $50.06.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st will be paid a $0.17 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, April 21st.

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.