Cerity Partners LLC Raises Position in First Trust Low Duration Opportunities ETF $LMBS

Cerity Partners LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 431,911 shares of the company’s stock after purchasing an additional 24,782 shares during the quarter. Cerity Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $21,505,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Creekmur Asset Management LLC boosted its stake in First Trust Low Duration Opportunities ETF by 497.2% in the 2nd quarter. Creekmur Asset Management LLC now owns 633 shares of the company’s stock worth $31,000 after buying an additional 527 shares during the last quarter. Hollencrest Capital Management acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter valued at about $31,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter worth approximately $46,000. Asset Dedication LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the second quarter valued at approximately $67,000. Finally, Y.D. More Investments Ltd increased its position in First Trust Low Duration Opportunities ETF by 133.7% during the second quarter. Y.D. More Investments Ltd now owns 1,596 shares of the company’s stock worth $78,000 after purchasing an additional 913 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.2%

NASDAQ:LMBS opened at $50.18 on Friday. The firm’s 50 day moving average is $50.00 and its two-hundred day moving average is $49.74. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.32 and a fifty-two week high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.17 dividend. The ex-dividend date 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 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.