19,347 Shares in First Trust Low Duration Opportunities ETF $LMBS Acquired by Clear Point Advisors Inc.

Clear Point Advisors Inc. acquired a new position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 19,347 shares of the company’s stock, valued at approximately $967,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LMBS. Palisade Asset Management LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the third quarter worth approximately $26,000. Hazlett Burt & Watson Inc. lifted its stake in shares of First Trust Low Duration Opportunities ETF by 160.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $32,000 after acquiring an additional 400 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the fourth quarter worth approximately $69,000. Pinnacle Bancorp Inc. lifted its stake in shares of First Trust Low Duration Opportunities ETF by 13.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 3,750 shares of the company’s stock worth $187,000 after acquiring an additional 450 shares during the period. Finally, Commonwealth Financial Services LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the fourth quarter worth approximately $202,000.

First Trust Low Duration Opportunities ETF Price Performance

First Trust Low Duration Opportunities ETF stock opened at $49.83 on Monday. The stock’s 50 day moving average is $49.88 and its 200 day moving average is $50.04. First Trust Low Duration Opportunities ETF has a one year low of $47.87 and a one year high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were paid a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, May 21st.

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.