TFB Advisors LLC Has $758,000 Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

TFB Advisors LLC lifted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 17.1% during the fourth quarter, HoldingsChannel reports. The firm owned 15,577 shares of the company’s stock after buying an additional 2,270 shares during the quarter. TFB Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $758,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 12.2% during the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after buying an additional 929,010 shares during the period. Raymond James & Associates lifted its stake in First Trust Low Duration Opportunities ETF by 6.0% during the 3rd quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock valued at $40,014,000 after acquiring an additional 45,961 shares in the last quarter. Concurrent Investment Advisors LLC boosted its stake in First Trust Low Duration Opportunities ETF by 7.0% in the third quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock valued at $37,209,000 after acquiring an additional 48,939 shares during the last quarter. Trilogy Capital Inc. increased its holdings in First Trust Low Duration Opportunities ETF by 5.0% in the 3rd quarter. Trilogy Capital Inc. now owns 488,969 shares of the company’s stock worth $24,160,000 after acquiring an additional 23,129 shares during the last quarter. Finally, Petix & Botte Co raised its holdings in First Trust Low Duration Opportunities ETF by 1.5% during the 3rd quarter. Petix & Botte Co now owns 458,366 shares of the company’s stock valued at $22,648,000 after acquiring an additional 6,792 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

NASDAQ LMBS opened at $48.71 on Wednesday. The company’s 50 day simple moving average is $48.69 and its two-hundred day simple moving average is $48.90. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were issued a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $2.04 annualized dividend and a dividend yield of 4.19%.

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.