First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Stock Position Raised by Perigon Wealth Management LLC

Perigon Wealth Management LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 26.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,915 shares of the company’s stock after acquiring an additional 6,040 shares during the quarter. Perigon Wealth Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,408,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of LMBS. LPL Financial LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 12.2% during the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after acquiring an additional 929,010 shares in the last quarter. Long Run Wealth Advisors LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter worth $10,901,000. Financial Enhancement Group LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 87.4% during the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock worth $21,258,000 after acquiring an additional 206,322 shares in the last quarter. Foundations Investment Advisors LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 449.3% during the 3rd quarter. Foundations Investment Advisors LLC now owns 243,998 shares of the company’s stock worth $12,056,000 after acquiring an additional 199,575 shares in the last quarter. Finally, First International Bank & Trust acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter worth $9,657,000.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of First Trust Low Duration Opportunities ETF stock opened at $48.71 on Thursday. The business has a fifty day simple moving average of $48.70 and a 200-day simple moving average of $48.89. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be given a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $2.04 annualized dividend and a dividend yield of 4.19%.

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.