6,096 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Acquired by Sovran Advisors LLC

Sovran Advisors LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,096 shares of the company’s stock, valued at approximately $295,000.

Several other institutional investors also recently bought and sold shares of the business. LPL Financial LLC grew its stake in First Trust Low Duration Opportunities ETF by 12.2% during the third quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after buying an additional 929,010 shares during the period. Raymond James & Associates grew its stake in First Trust Low Duration Opportunities ETF by 6.0% during the third quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock worth $40,014,000 after buying an additional 45,961 shares during the period. Concurrent Investment Advisors LLC grew its stake in First Trust Low Duration Opportunities ETF by 7.0% during the third quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock worth $37,209,000 after buying an additional 48,939 shares during the period. Trilogy Capital Inc. grew its stake in First Trust Low Duration Opportunities ETF by 5.0% during the third quarter. Trilogy Capital Inc. now owns 488,969 shares of the company’s stock worth $24,160,000 after buying an additional 23,129 shares during the period. Finally, Petix & Botte Co grew its stake in First Trust Low Duration Opportunities ETF by 1.5% during the third quarter. Petix & Botte Co now owns 458,366 shares of the company’s stock worth $22,648,000 after buying an additional 6,792 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

LMBS opened at $48.65 on Thursday. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49. The company has a 50 day moving average of $48.68 and a two-hundred day moving average of $48.90.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a dividend of $0.17 per share. The ex-dividend date was Wednesday, January 22nd. This represents a $2.04 annualized dividend and a yield of 4.19%.

First Trust Low Duration Opportunities ETF Company 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.