First Trust Low Duration Opportunities ETF $LMBS Shares Acquired by Csenge Advisory Group

Csenge Advisory Group increased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 957,878 shares of the company’s stock after buying an additional 56,084 shares during the quarter. First Trust Low Duration Opportunities ETF comprises approximately 1.8% of Csenge Advisory Group’s investment portfolio, making the stock its 9th largest holding. Csenge Advisory Group’s holdings in First Trust Low Duration Opportunities ETF were worth $46,419,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in shares of First Trust Low Duration Opportunities ETF by 13.0% during the first quarter. Royal Bank of Canada now owns 3,242,866 shares of the company’s stock worth $161,527,000 after purchasing an additional 372,725 shares during the last quarter. Cetera Investment Advisers boosted its holdings in First Trust Low Duration Opportunities ETF by 7.2% in the first quarter. Cetera Investment Advisers now owns 2,551,727 shares of the company’s stock valued at $127,102,000 after purchasing an additional 171,648 shares during the last quarter. Bank of America Corp DE grew its position in First Trust Low Duration Opportunities ETF by 11.9% during the 1st quarter. Bank of America Corp DE now owns 2,001,550 shares of the company’s stock worth $99,697,000 after purchasing an additional 212,258 shares during the period. Commonwealth Equity Services LLC acquired a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth about $78,781,000. Finally, First Trust Advisors LP grew its position in First Trust Low Duration Opportunities ETF by 15.1% during the 1st quarter. First Trust Advisors LP now owns 1,520,880 shares of the company’s stock worth $75,755,000 after purchasing an additional 199,426 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.2%

Shares of LMBS stock opened at $49.04 on Wednesday. The stock has a 50 day moving average of $48.91 and a 200 day moving average of $49.64. First Trust Low Duration Opportunities ETF has a twelve month low of $47.60 and a twelve month high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Wednesday, October 21st were given a dividend of $0.17 per share. The ex-dividend date was Wednesday, October 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.2%.

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.