26,785 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Bought by Global Assets Advisory LLC

Global Assets Advisory LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 26,785 shares of the company’s stock, valued at approximately $1,325,000.

A number of other hedge funds also recently bought and sold shares of the business. 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 purchasing an additional 550,017 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in First Trust Low Duration Opportunities ETF by 0.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,011,574 shares of the company’s stock valued at $96,656,000 after purchasing an additional 10,854 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in First Trust Low Duration Opportunities ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 964,019 shares of the company’s stock valued at $46,321,000 after purchasing an additional 15,450 shares in the last quarter. Cetera Investment Advisers raised its stake in First Trust Low Duration Opportunities ETF by 17.5% during the second quarter. Cetera Investment Advisers now owns 940,225 shares of the company’s stock valued at $45,178,000 after purchasing an additional 140,132 shares in the last quarter. Finally, Raymond James & Associates raised its stake in First Trust Low Duration Opportunities ETF by 6.0% during the third quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock valued at $40,014,000 after purchasing an additional 45,961 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.1 %

First Trust Low Duration Opportunities ETF stock opened at $48.76 on Thursday. The firm’s fifty day moving average is $49.21 and its 200 day moving average is $48.56. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd will be paid a $0.17 dividend. This represents a $2.04 annualized dividend and a dividend yield of 4.18%. The ex-dividend date is Tuesday, October 22nd.

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.