First Trust Low Duration Opportunities ETF $LMBS Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers boosted its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,551,727 shares of the company’s stock after buying an additional 171,648 shares during the period. Cetera Investment Advisers owned approximately 2.07% of First Trust Low Duration Opportunities ETF worth $127,102,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. HighTower Advisors LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 95.3% in the 4th quarter. HighTower Advisors LLC now owns 1,454,146 shares of the company’s stock valued at $72,693,000 after acquiring an additional 709,693 shares during the period. Jane Street Group LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the 4th quarter worth approximately $33,401,000. Axxcess Wealth Management LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 1,602.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 415,932 shares of the company’s stock worth $20,792,000 after purchasing an additional 391,503 shares during the period. Concurrent Investment Advisors LLC boosted its position in shares of 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 worth $60,379,000 after purchasing an additional 382,941 shares during the period. Finally, Morgan Stanley boosted its position in shares of First Trust Low Duration Opportunities ETF by 2.5% during the 4th quarter. Morgan Stanley now owns 14,150,597 shares of the company’s stock worth $707,388,000 after purchasing an additional 338,741 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.2%

First Trust Low Duration Opportunities ETF stock opened at $49.36 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 50 day moving average price of $49.74 and a 200 day moving average price of $49.97.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be paid a $0.17 dividend. The ex-dividend date is Tuesday, July 21st. This represents a c) dividend on an annualized basis and a 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.