First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Stock Holdings Lifted by Focus Partners Wealth

Focus Partners Wealth lifted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 0.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 184,047 shares of the company’s stock after acquiring an additional 314 shares during the period. Focus Partners Wealth’s holdings in First Trust Low Duration Opportunities ETF were worth $8,964,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in LMBS. Raymond James Financial Inc. acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 4th quarter worth about $149,264,000. Cetera Investment Advisers raised its holdings in shares of First Trust Low Duration Opportunities ETF by 75.1% in the 4th quarter. Cetera Investment Advisers now owns 1,724,201 shares of the company’s stock worth $83,917,000 after buying an additional 739,519 shares in the last quarter. LPL Financial LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 8.3% in the 4th quarter. LPL Financial LLC now owns 9,269,354 shares of the company’s stock worth $451,139,000 after buying an additional 708,645 shares in the last quarter. Fairvoy Private Wealth LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the 4th quarter worth approximately $11,777,000. Finally, Atria Investments Inc grew its position in First Trust Low Duration Opportunities ETF by 801.6% during the 4th quarter. Atria Investments Inc now owns 270,059 shares of the company’s stock worth $13,144,000 after acquiring an additional 240,106 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ LMBS opened at $48.86 on Wednesday. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49. The stock’s 50 day simple moving average is $48.99 and its 200 day simple moving average is $48.83.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd were given a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, April 22nd. This represents a $2.04 dividend on an annualized basis and a 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.