First Trust Low Duration Opportunities ETF $LMBS Shares Purchased by Ascentis Independent Advisors

Ascentis Independent Advisors boosted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 80.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 38,759 shares of the company’s stock after purchasing an additional 17,226 shares during the quarter. Ascentis Independent Advisors’ holdings in First Trust Low Duration Opportunities ETF were worth $1,931,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC boosted its stake 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 valued at $72,693,000 after buying an additional 709,693 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter worth $33,401,000. Elevation Point Wealth Partners LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the third quarter valued at $22,376,000. Axxcess Wealth Management LLC raised its holdings in First Trust Low Duration Opportunities ETF by 1,602.6% in the fourth quarter. Axxcess Wealth Management LLC now owns 415,932 shares of the company’s stock valued at $20,792,000 after acquiring an additional 391,503 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its stake in First Trust Low Duration Opportunities ETF by 46.4% during the 4th quarter. Concurrent Investment Advisors LLC now owns 1,207,824 shares of the company’s stock valued at $60,379,000 after acquiring an additional 382,941 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.2%

NASDAQ LMBS opened at $49.84 on Tuesday. First Trust Low Duration Opportunities ETF has a 12 month low of $47.87 and a 12 month high of $51.98. The company’s fifty day moving average price is $49.82 and its two-hundred day moving average price is $50.00.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.