CoreCap Advisors LLC Boosts Holdings in First Trust Low Duration Opportunities ETF $LMBS

CoreCap Advisors LLC boosted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 16.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 99,346 shares of the company’s stock after purchasing an additional 14,151 shares during the quarter. CoreCap Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $4,946,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of LMBS. Raymond James Financial Inc. lifted its stake in shares of First Trust Low Duration Opportunities ETF by 5.4% in the second quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock worth $177,115,000 after buying an additional 185,249 shares in the last quarter. Cetera Investment Advisers raised its holdings in First Trust Low Duration Opportunities ETF by 7.5% in the 2nd quarter. Cetera Investment Advisers now owns 1,841,616 shares of the company’s stock worth $90,718,000 after acquiring an additional 128,743 shares during the last quarter. Bank of America Corp DE lifted its position in First Trust Low Duration Opportunities ETF by 18.0% in the 2nd quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock valued at $80,319,000 after acquiring an additional 248,784 shares in the last quarter. First Trust Advisors LP boosted its stake in First Trust Low Duration Opportunities ETF by 11.5% during the 2nd quarter. First Trust Advisors LP now owns 1,103,235 shares of the company’s stock valued at $54,345,000 after purchasing an additional 113,364 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in First Trust Low Duration Opportunities ETF by 8.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,024,084 shares of the company’s stock valued at $50,989,000 after purchasing an additional 78,316 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock opened at $49.90 on Wednesday. First Trust Low Duration Opportunities ETF has a 1-year low of $48.32 and a 1-year high of $50.25. The business has a fifty day moving average price of $49.99 and a 200-day moving average price of $49.73.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.