Sigma Planning Corp Purchases 8,439 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Sigma Planning Corp grew its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 172,337 shares of the company’s stock after acquiring an additional 8,439 shares during the period. Sigma Planning Corp’s holdings in First Trust Low Duration Opportunities ETF were worth $8,515,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Atria Investments Inc raised its position in First Trust Low Duration Opportunities ETF by 49.1% in the 3rd quarter. Atria Investments Inc now owns 29,953 shares of the company’s stock valued at $1,480,000 after purchasing an additional 9,866 shares during the last quarter. PFS Partners LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 3.1% in the third quarter. PFS Partners LLC now owns 173,607 shares of the company’s stock valued at $8,578,000 after buying an additional 5,193 shares during the last quarter. Assetmark Inc. lifted its position in First Trust Low Duration Opportunities ETF by 16.6% during the 3rd quarter. Assetmark Inc. now owns 189,189 shares of the company’s stock worth $9,348,000 after buying an additional 26,908 shares in the last quarter. TFB Advisors LLC grew its holdings in First Trust Low Duration Opportunities ETF by 13.8% during the 3rd quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock worth $657,000 after acquiring an additional 1,613 shares during the last quarter. Finally, Financial Enhancement Group LLC increased its position in First Trust Low Duration Opportunities ETF by 87.4% in the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock valued at $21,258,000 after acquiring an additional 206,322 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock opened at $48.83 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49. The firm’s 50 day moving average is $49.13 and its 200-day moving average is $48.63.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd were issued a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a yield of 4.18%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.