TBH Global Asset Management LLC lessened its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 4.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 57,686 shares of the company’s stock after selling 2,506 shares during the period. TBH Global Asset Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,762,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 12.2% in the third quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after buying an additional 929,010 shares during the period. Raymond James & Associates raised its position in shares of First Trust Low Duration Opportunities ETF by 6.0% in the 3rd quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock worth $40,014,000 after acquiring an additional 45,961 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 7.0% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock valued at $37,209,000 after purchasing an additional 48,939 shares during the period. Prospera Financial Services Inc boosted its position in shares of First Trust Low Duration Opportunities ETF by 32.3% during the 3rd quarter. Prospera Financial Services Inc now owns 456,916 shares of the company’s stock valued at $22,586,000 after purchasing an additional 111,451 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in First Trust Low Duration Opportunities ETF by 94.9% during the fourth quarter. Private Advisor Group LLC now owns 454,078 shares of the company’s stock worth $22,100,000 after purchasing an additional 221,157 shares during the period.
First Trust Low Duration Opportunities ETF Price Performance
Shares of LMBS opened at $48.84 on Thursday. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49. The business’s 50 day moving average price is $48.66 and its two-hundred day moving average price is $48.90.
First Trust Low Duration Opportunities ETF Announces Dividend
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.
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