Prism Advisors Inc. Purchases 5,655 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Prism Advisors Inc. grew its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 285,488 shares of the company’s stock after acquiring an additional 5,655 shares during the quarter. First Trust Low Duration Opportunities ETF comprises 4.2% of Prism Advisors Inc.’s portfolio, making the stock its 9th biggest position. Prism Advisors Inc. owned about 0.30% of First Trust Low Duration Opportunities ETF worth $13,895,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Hershey Financial Advisers LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the 2nd quarter worth $30,000. Riggs Asset Managment Co. Inc. purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter worth about $76,000. Prospera Private Wealth LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at about $79,000. Harbor Investment Advisory LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 20.1% during the 4th quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock valued at $134,000 after buying an additional 459 shares during the period. Finally, Pinnacle Bancorp Inc. lifted its position in First Trust Low Duration Opportunities ETF by 23.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock worth $159,000 after acquiring an additional 611 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ LMBS opened at $48.54 on Monday. The business has a 50 day moving average price of $48.70 and a two-hundred day moving average price of $48.89. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date of this dividend is Wednesday, January 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.