Cerity Partners LLC Grows Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Cerity Partners LLC boosted its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 24.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 382,949 shares of the company’s stock after buying an additional 75,143 shares during the quarter. Cerity Partners LLC owned 0.41% of First Trust Low Duration Opportunities ETF worth $18,922,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Beacon Financial Advisory LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 12.2% during the third quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock valued at $343,000 after purchasing an additional 754 shares during the last quarter. Farther Finance Advisors LLC raised its stake in First Trust Low Duration Opportunities ETF by 691.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 15,531 shares of the company’s stock valued at $745,000 after buying an additional 13,569 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 3.5% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 45,426 shares of the company’s stock valued at $2,183,000 after buying an additional 1,524 shares during the period. Strategic Financial Concepts LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter worth $53,000. Finally, Ameritas Investment Partners Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 9.0% in the second quarter. Ameritas Investment Partners Inc. now owns 137,894 shares of the company’s stock worth $6,626,000 after acquiring an additional 11,362 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.3 %

First Trust Low Duration Opportunities ETF stock opened at $48.76 on Tuesday. The stock has a fifty day moving average of $49.00 and a 200 day moving average of $48.72. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st 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 of this dividend is Thursday, November 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.