Private Client Services LLC Purchases 686 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Private Client Services LLC increased its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 9.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,903 shares of the company’s stock after buying an additional 686 shares during the quarter. Private Client Services LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. International Assets Investment Management LLC bought a new position in First Trust Low Duration Opportunities ETF during the 4th quarter worth approximately $577,000. Sanctuary Advisors LLC boosted its position in First Trust Low Duration Opportunities ETF by 50.9% during the third quarter. Sanctuary Advisors LLC now owns 77,065 shares of the company’s stock valued at $3,748,000 after acquiring an additional 25,983 shares during the last quarter. Rehmann Capital Advisory Group acquired a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth about $2,032,000. Brown Financial Advisors bought a new position in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter worth about $2,613,000. Finally, Insight Inv LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 14.7% in the 3rd quarter. Insight Inv LLC now owns 11,695 shares of the company’s stock valued at $578,000 after purchasing an additional 1,500 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.0 %

NASDAQ LMBS traded up $0.01 during trading hours on Wednesday, hitting $48.46. 611,235 shares of the company’s stock were exchanged, compared to its average volume of 631,588. The stock has a 50-day simple moving average of $48.74 and a 200 day simple moving average of $48.86. 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 declared a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend was Friday, December 13th.

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.