First Trust Advisors LP Has $75.75 Million Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

First Trust Advisors LP boosted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 15.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,520,880 shares of the company’s stock after acquiring an additional 199,426 shares during the period. First Trust Advisors LP’s holdings in First Trust Low Duration Opportunities ETF were worth $75,755,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC lifted its position 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 worth $72,693,000 after acquiring an additional 709,693 shares during the period. Jane Street Group LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 4th quarter worth approximately $33,401,000. Axxcess Wealth Management LLC grew its holdings 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 in the last quarter. Concurrent Investment Advisors LLC increased its position in shares of 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 valued at $60,379,000 after purchasing an additional 382,941 shares during the period. Finally, Morgan Stanley increased its position in shares of First Trust Low Duration Opportunities ETF by 2.5% during the fourth quarter. Morgan Stanley now owns 14,150,597 shares of the company’s stock valued at $707,388,000 after purchasing an additional 338,741 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ LMBS opened at $49.37 on Friday. The business has a fifty day simple moving average of $49.74 and a 200 day simple moving average of $49.96. 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 firm also recently declared a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be issued a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, July 21st.

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.