First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Bought by Sargent Investment Group LLC

Sargent Investment Group LLC grew its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 27.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,935 shares of the company’s stock after purchasing an additional 2,800 shares during the period. Sargent Investment Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $622,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Global Assets Advisory LLC raised its position in First Trust Low Duration Opportunities ETF by 4,688.2% in the first quarter. Global Assets Advisory LLC now owns 1,290,892 shares of the company’s stock valued at $62,286,000 after purchasing an additional 1,263,932 shares during the period. LPL Financial LLC raised its stake in First Trust Low Duration Opportunities ETF by 7.8% during the second quarter. LPL Financial LLC now owns 7,631,699 shares of the company’s stock valued at $366,703,000 after buying an additional 550,017 shares in the last quarter. Trilogy Capital Inc. lifted its holdings in First Trust Low Duration Opportunities ETF by 2,194.1% during the 1st quarter. Trilogy Capital Inc. now owns 471,010 shares of the company’s stock worth $22,726,000 after buying an additional 450,479 shares during the last quarter. Brookstone Capital Management grew its position in shares of First Trust Low Duration Opportunities ETF by 2,052.6% in the 2nd quarter. Brookstone Capital Management now owns 471,136 shares of the company’s stock worth $22,944,000 after acquiring an additional 449,249 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of First Trust Low Duration Opportunities ETF by 114.6% in the 1st quarter. Cetera Investment Advisers now owns 800,093 shares of the company’s stock valued at $38,604,000 after acquiring an additional 427,232 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS opened at $49.47 on Tuesday. The business’s fifty day moving average price is $48.92 and its 200 day moving average price is $48.36. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $49.92.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date of this dividend was Wednesday, August 21st.

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.