Trilogy Capital Inc. Boosts Stake in First Trust Low Duration Opportunities ETF $LMBS

Trilogy Capital Inc. lifted its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.0% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 574,767 shares of the company’s stock after buying an additional 16,726 shares during the period. First Trust Low Duration Opportunities ETF makes up approximately 1.1% of Trilogy Capital Inc.’s portfolio, making the stock its 20th biggest holding. Trilogy Capital Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $28,612,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Palisade Asset Management LLC purchased a new position in First Trust Low Duration Opportunities ETF in the third quarter worth $26,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 1st quarter valued at $35,000. Bank of Montreal Can raised its stake in shares of First Trust Low Duration Opportunities ETF by 169.0% during the 4th quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $37,000 after purchasing an additional 463 shares during the period. Hazlett Burt & Watson Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 38.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after buying an additional 250 shares during the last quarter. Finally, Motiv8 Investments LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 4th quarter worth about $56,000.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ LMBS opened at $49.52 on Tuesday. First Trust Low Duration Opportunities ETF has a 52-week low of $47.87 and a 52-week high of $51.98. The company has a 50-day simple moving average of $49.71 and a 200 day simple moving average of $49.94.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were paid a $0.17 dividend. The ex-dividend date was Tuesday, July 21st. This represents a c) annualized dividend and a 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.