First Trust Low Duration Opportunities ETF $LMBS is Prism Advisors Inc.’s 10th Largest Position

Prism Advisors Inc. increased its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 276,508 shares of the company’s stock after purchasing an additional 13,284 shares during the quarter. First Trust Low Duration Opportunities ETF comprises about 3.7% of Prism Advisors Inc.’s holdings, making the stock its 10th largest position. Prism Advisors Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $13,767,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ashton Thomas Private Wealth LLC grew its position in First Trust Low Duration Opportunities ETF by 6.1% in the second quarter. Ashton Thomas Private Wealth LLC now owns 128,132 shares of the company’s stock valued at $6,312,000 after acquiring an additional 7,333 shares in the last quarter. Signal Advisors Wealth LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 23.4% during the second quarter. Signal Advisors Wealth LLC now owns 5,657 shares of the company’s stock worth $279,000 after purchasing an additional 1,073 shares in the last quarter. Anfield Capital Management LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 2.4% in the second quarter. Anfield Capital Management LLC now owns 81,655 shares of the company’s stock valued at $4,022,000 after purchasing an additional 1,879 shares during the period. Parallel Advisors LLC grew its holdings in First Trust Low Duration Opportunities ETF by 15.9% during the 2nd quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock valued at $213,000 after purchasing an additional 593 shares in the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in First Trust Low Duration Opportunities ETF by 5.9% during the 2nd quarter. Avantax Advisory Services Inc. now owns 321,449 shares of the company’s stock valued at $15,835,000 after purchasing an additional 18,003 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.0%

Shares of LMBS stock opened at $50.00 on Tuesday. First Trust Low Duration Opportunities ETF has a 12 month low of $48.32 and a 12 month high of $50.25. The company’s fifty day moving average price is $50.00 and its two-hundred day moving average price is $49.65.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be paid a $0.17 dividend. The ex-dividend date is Friday, December 12th. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.