Kestra Investment Management LLC Acquires Shares of 2,609 First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Kestra Investment Management 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 disclosure with the SEC. The fund acquired 2,609 shares of the company’s stock, valued at approximately $127,000.

Other institutional investors have also modified their holdings of the company. Private Advisor Group LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 7.5% during the 3rd quarter. Private Advisor Group LLC now owns 232,921 shares of the company’s stock worth $11,509,000 after buying an additional 16,213 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter worth about $1,325,000. Commonwealth Financial Services LLC lifted its stake in First Trust Low Duration Opportunities ETF by 1,936.5% during the third quarter. Commonwealth Financial Services LLC now owns 133,858 shares of the company’s stock worth $6,622,000 after purchasing an additional 127,285 shares during the last quarter. Silver Oak Securities Incorporated boosted its holdings in First Trust Low Duration Opportunities ETF by 30.8% in the third quarter. Silver Oak Securities Incorporated now owns 94,410 shares of the company’s stock valued at $4,663,000 after purchasing an additional 22,226 shares in the last quarter. Finally, Team Financial Group LLC purchased a new position in First Trust Low Duration Opportunities ETF in the third quarter valued at approximately $209,000.

First Trust Low Duration Opportunities ETF Price Performance

LMBS stock opened at $48.94 on Friday. The company’s 50 day moving average is $48.65 and its two-hundred 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 was paid on Friday, January 31st. Investors 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 4.17%.

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.