12,589 Shares in First Trust Low Duration Opportunities ETF $LMBS Bought by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE bought a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 12,589 shares of the company’s stock, valued at approximately $627,000.

Other hedge funds have also recently bought and sold shares of the company. Avestar Capital LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 1.2% during the 2nd quarter. Avestar Capital LLC now owns 18,040 shares of the company’s stock worth $889,000 after purchasing an additional 208 shares during the period. Iams Wealth Management LLC grew its position in First Trust Low Duration Opportunities ETF by 0.6% during the third quarter. Iams Wealth Management LLC now owns 37,073 shares of the company’s stock worth $1,846,000 after buying an additional 212 shares in the last quarter. TrueWealth Advisors LLC increased its stake in First Trust Low Duration Opportunities ETF by 5.4% during the third quarter. TrueWealth Advisors LLC now owns 5,588 shares of the company’s stock valued at $278,000 after acquiring an additional 286 shares during the period. VestGen Advisors LLC increased its stake in First Trust Low Duration Opportunities ETF by 0.5% during the second quarter. VestGen Advisors LLC now owns 60,981 shares of the company’s stock valued at $3,004,000 after acquiring an additional 287 shares during the period. Finally, Chicago Partners Investment Group LLC raised its holdings in First Trust Low Duration Opportunities ETF by 1.1% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 29,114 shares of the company’s stock valued at $1,431,000 after acquiring an additional 310 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS opened at $50.22 on Friday. First Trust Low Duration Opportunities ETF has a 1-year low of $48.37 and a 1-year high of $51.98. The business’s 50 day moving average is $50.03 and its 200-day moving average is $49.78.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.17 dividend. The ex-dividend date was Friday, December 12th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.