First Trust Low Duration Opportunities ETF $LMBS Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 584,447 shares of the company’s stock after buying an additional 39,466 shares during the quarter. Private Advisor Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $29,111,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Certified Advisory Corp grew its position in shares of First Trust Low Duration Opportunities ETF by 3.2% in the 1st quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock valued at $321,000 after buying an additional 200 shares during the last quarter. TrueWealth Advisors LLC raised its stake in First Trust Low Duration Opportunities ETF by 3.7% during the 4th quarter. TrueWealth Advisors LLC now owns 5,797 shares of the company’s stock worth $290,000 after acquiring an additional 209 shares in the last quarter. Valley Financial Group Inc. lifted its position in First Trust Low Duration Opportunities ETF by 1.9% in the third quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock valued at $663,000 after acquiring an additional 246 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in First Trust Low Duration Opportunities ETF by 38.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after acquiring an additional 250 shares during the last quarter. Finally, Pinnacle Bancorp Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 9.3% in the first quarter. Pinnacle Bancorp Inc. now owns 4,100 shares of the company’s stock valued at $204,000 after acquiring an additional 350 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ LMBS opened at $49.74 on Friday. The company has a fifty day moving average of $49.82 and a two-hundred day moving average of $50.00. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.17 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, June 25th.

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.