Ameritas Investment Partners Inc. Has $9.89 Million Stock Position in First Trust Low Duration Opportunities ETF $LMBS

Ameritas Investment Partners Inc. lifted its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 197,785 shares of the company’s stock after buying an additional 10,766 shares during the period. Ameritas Investment Partners Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $9,887,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Raymond James Financial Inc. increased its position in shares of First Trust Low Duration Opportunities ETF by 6.0% in the third quarter. Raymond James Financial Inc. now owns 3,810,418 shares of the company’s stock valued at $189,721,000 after acquiring an additional 214,907 shares during the last quarter. Bank of America Corp DE increased its position in First Trust Low Duration Opportunities ETF by 15.1% during the third quarter. Bank of America Corp DE now owns 1,877,318 shares of the company’s stock worth $93,472,000 after buying an additional 246,797 shares during the last quarter. HighTower Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 95.3% during the fourth 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 last quarter. First Trust Advisors LP increased its position in First Trust Low Duration Opportunities ETF by 11.7% during the third quarter. First Trust Advisors LP now owns 1,232,615 shares of the company’s stock worth $61,372,000 after buying an additional 129,380 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 46.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 1,207,824 shares of the company’s stock worth $60,379,000 after buying an additional 382,941 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $49.75 on Thursday. The business’s 50 day moving average price is $49.88 and its two-hundred day moving average price is $50.02. First Trust Low Duration Opportunities ETF has a twelve month low of $47.87 and a twelve month high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

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

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.