Atwood & Palmer Inc. Makes New Investment in First Trust Low Duration Opportunities ETF $LMBS

Atwood & Palmer Inc. acquired a new position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 27,025 shares of the company’s stock, valued at approximately $1,310,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada boosted its position in shares of First Trust Low Duration Opportunities ETF by 13.0% during the 1st quarter. Royal Bank of Canada now owns 3,242,866 shares of the company’s stock valued at $161,527,000 after purchasing an additional 372,725 shares in the last quarter. Cetera Investment Advisers increased its holdings in First Trust Low Duration Opportunities ETF by 7.2% in the first quarter. Cetera Investment Advisers now owns 2,551,727 shares of the company’s stock worth $127,102,000 after purchasing an additional 171,648 shares in the last quarter. Bank of America Corp DE increased its holdings in First Trust Low Duration Opportunities ETF by 11.9% in the first quarter. Bank of America Corp DE now owns 2,001,550 shares of the company’s stock worth $99,697,000 after purchasing an additional 212,258 shares in the last quarter. First Trust Advisors LP increased its holdings in First Trust Low Duration Opportunities ETF by 15.1% in the first quarter. First Trust Advisors LP now owns 1,520,880 shares of the company’s stock worth $75,755,000 after purchasing an additional 199,426 shares in the last quarter. Finally, Berger Financial Group Inc lifted its stake in First Trust Low Duration Opportunities ETF by 6.9% in the first quarter. Berger Financial Group Inc now owns 1,127,689 shares of the company’s stock valued at $56,170,000 after buying an additional 72,760 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of First Trust Low Duration Opportunities ETF stock traded up $0.16 on Thursday, reaching $48.65. 1,233,521 shares of the company’s stock were exchanged, compared to its average volume of 570,635. First Trust Low Duration Opportunities ETF has a 52 week low of $47.60 and a 52 week high of $51.98. The firm’s 50-day moving average is $49.28 and its two-hundred day moving average is $49.62.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.17 dividend. The ex-dividend date was Thursday, September 24th. This represents a $2.04 annualized dividend and a dividend yield of 4.2%.

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.