Marshall Investment Management LLC Makes New $131,000 Investment in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Marshall Investment Management LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,658 shares of the company’s stock, valued at approximately $131,000.

Other large investors have also recently bought and sold shares of the company. Beacon Financial Advisory LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 12.2% during the 3rd quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock worth $343,000 after buying an additional 754 shares in the last quarter. Claro Advisors LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 2.9% during the 4th quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock worth $431,000 after buying an additional 249 shares in the last quarter. TFB Advisors LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 13.8% in the 3rd quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock valued at $657,000 after purchasing an additional 1,613 shares during the period. HighTower Advisors LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 2.0% in the 3rd quarter. HighTower Advisors LLC now owns 349,475 shares of the company’s stock valued at $17,273,000 after purchasing an additional 6,854 shares during the period. Finally, DAVENPORT & Co LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 2.8% in the 4th quarter. DAVENPORT & Co LLC now owns 52,433 shares of the company’s stock valued at $2,552,000 after purchasing an additional 1,427 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

LMBS stock opened at $48.84 on Friday. The business’s fifty day moving average is $48.65 and its 200-day moving average is $48.90. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be paid a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date of this dividend is Friday, February 21st.

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.