Per Stirling Capital Management LLC. Boosts Stake in First Trust Low Duration Opportunities ETF $LMBS

Per Stirling Capital Management LLC. raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 103.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 157,126 shares of the company’s stock after purchasing an additional 80,037 shares during the period. Per Stirling Capital Management LLC. owned about 0.14% of First Trust Low Duration Opportunities ETF worth $7,823,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Avestar Capital LLC raised its stake 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 buying an additional 208 shares during the period. Iams Wealth Management LLC grew its stake in First Trust Low Duration Opportunities ETF by 0.6% in the 3rd quarter. Iams Wealth Management LLC now owns 37,073 shares of the company’s stock valued at $1,846,000 after acquiring an additional 212 shares during the period. Condor Capital Management grew its stake in First Trust Low Duration Opportunities ETF by 0.4% in the 3rd quarter. Condor Capital Management now owns 50,896 shares of the company’s stock valued at $2,534,000 after acquiring an additional 228 shares during the period. Lion Street Advisors LLC increased its holdings in First Trust Low Duration Opportunities ETF by 5.7% in the 3rd quarter. Lion Street Advisors LLC now owns 4,398 shares of the company’s stock worth $222,000 after acquiring an additional 236 shares in the last quarter. Finally, TrueWealth Advisors LLC increased its holdings in First Trust Low Duration Opportunities ETF by 5.4% in the 3rd quarter. TrueWealth Advisors LLC now owns 5,588 shares of the company’s stock worth $278,000 after acquiring an additional 286 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ:LMBS opened at $50.18 on Friday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.37 and a fifty-two week high of $51.98. The company has a fifty day moving average of $50.19 and a two-hundred day moving average of $50.00.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were given a dividend of $0.17 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, February 20th.

About First Trust Low Duration Opportunities ETF

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.