First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC increased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 349,475 shares of the company’s stock after purchasing an additional 6,854 shares during the period. HighTower Advisors LLC owned 0.37% of First Trust Low Duration Opportunities ETF worth $17,273,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC bought a new stake in First Trust Low Duration Opportunities ETF during the second quarter worth approximately $62,000. Simplicity Wealth LLC purchased a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at about $440,000. Inspirion Wealth Advisors LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 1.1% in the 2nd quarter. Inspirion Wealth Advisors LLC now owns 275,894 shares of the company’s stock valued at $13,257,000 after purchasing an additional 3,083 shares during the period. Keystone Wealth Services LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 2.1% in the second quarter. Keystone Wealth Services LLC now owns 61,916 shares of the company’s stock worth $2,975,000 after purchasing an additional 1,244 shares in the last quarter. Finally, Searcy Financial Services Inc. ADV boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 2.7% during the second quarter. Searcy Financial Services Inc. ADV now owns 389,900 shares of the company’s stock worth $18,735,000 after purchasing an additional 10,083 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.1 %

First Trust Low Duration Opportunities ETF stock opened at $49.07 on Friday. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49. The firm’s 50 day moving average price is $48.90 and its two-hundred day moving average price is $48.76.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $2.04 dividend on an annualized basis and a yield of 4.16%.

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.