14,545 Shares in First Trust Low Duration Opportunities ETF $LMBS Bought by Argent Advisors Inc.

Argent Advisors Inc. acquired a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 4th quarter, HoldingsChannel reports. The fund acquired 14,545 shares of the company’s stock, valued at approximately $727,000.

Several other large investors have also modified their holdings of LMBS. HighTower Advisors LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 95.3% during the 4th quarter. HighTower Advisors LLC now owns 1,454,146 shares of the company’s stock worth $72,693,000 after buying an additional 709,693 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $22,376,000. Axxcess Wealth Management LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 1,602.6% in the 4th quarter. Axxcess Wealth Management LLC now owns 415,932 shares of the company’s stock valued at $20,792,000 after purchasing an additional 391,503 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 46.4% in the 4th quarter. Concurrent Investment Advisors LLC now owns 1,207,824 shares of the company’s stock valued at $60,379,000 after purchasing an additional 382,941 shares during the period. Finally, Assetmark Inc. boosted its holdings in First Trust Low Duration Opportunities ETF by 105.2% in the 4th quarter. Assetmark Inc. now owns 610,372 shares of the company’s stock valued at $30,512,000 after purchasing an additional 312,850 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.78 on Friday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $47.87 and a fifty-two week high of $51.98. The firm has a fifty day moving average price of $49.87 and a two-hundred day moving average price of $50.03.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 21st were issued a $0.17 dividend. The ex-dividend date of this dividend was Thursday, May 21st. 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.