Belpointe Asset Management LLC Has $724,000 Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Belpointe Asset Management LLC raised its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 23.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 14,769 shares of the company’s stock after buying an additional 2,825 shares during the period. Belpointe Asset Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $724,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Sanctuary Advisors LLC raised its holdings in First Trust Low Duration Opportunities ETF by 50.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 77,065 shares of the company’s stock valued at $3,748,000 after buying an additional 25,983 shares during the last quarter. International Assets Investment Management LLC acquired a new position in First Trust Low Duration Opportunities ETF in the 4th quarter valued at approximately $577,000. Private Client Services LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 9.5% during the fourth quarter. Private Client Services LLC now owns 7,903 shares of the company’s stock valued at $385,000 after acquiring an additional 686 shares during the last quarter. First International Bank & Trust lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 8.0% during the fourth quarter. First International Bank & Trust now owns 210,988 shares of the company’s stock worth $10,269,000 after purchasing an additional 15,551 shares during the period. Finally, Claro Advisors LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 2.9% in the fourth quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock worth $431,000 after purchasing an additional 249 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of NASDAQ:LMBS opened at $48.83 on Wednesday. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49. The business has a fifty day simple moving average of $48.98 and a 200 day simple moving average of $48.85.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.17 per share. The ex-dividend date was Thursday, March 27th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%.

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.