Insight Inv LLC Purchases 12,397 Shares of First Trust Low Duration Opportunities ETF $LMBS

Insight Inv LLC boosted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 48.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 38,167 shares of the company’s stock after buying an additional 12,397 shares during the period. Insight Inv LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,900,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CoreCap Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 16.6% during the third quarter. CoreCap Advisors LLC now owns 99,346 shares of the company’s stock worth $4,946,000 after acquiring an additional 14,151 shares during the period. Cerity Partners LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 6.1% in the 3rd quarter. Cerity Partners LLC now owns 431,911 shares of the company’s stock valued at $21,505,000 after purchasing an additional 24,782 shares during the period. Centennial Wealth Advisory LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 53.1% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 126,788 shares of the company’s stock worth $6,313,000 after purchasing an additional 43,952 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 6.1% during the second quarter. Ashton Thomas Private Wealth LLC now owns 128,132 shares of the company’s stock worth $6,312,000 after purchasing an additional 7,333 shares during the period. Finally, APS Management Group Inc. bought a new position in shares of First Trust Low Duration Opportunities ETF during the third quarter worth approximately $2,680,000.

First Trust Low Duration Opportunities ETF Trading Down 0.1%

Shares of LMBS stock opened at $50.22 on Friday. The stock has a 50 day simple moving average of $50.03 and a 200 day simple moving average of $49.77. First Trust Low Duration Opportunities ETF has a 1 year low of $48.37 and a 1 year high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

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

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.