First Trust Low Duration Opportunities ETF $LMBS Shares Acquired by TBH Global Asset Management LLC

TBH Global Asset Management LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 31.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 55,798 shares of the company’s stock after buying an additional 13,209 shares during the quarter. TBH Global Asset Management LLC owned approximately 0.05% of First Trust Low Duration Opportunities ETF worth $2,778,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Creekmur Asset Management LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 497.2% in the second quarter. Creekmur Asset Management LLC now owns 633 shares of the company’s stock valued at $31,000 after acquiring an additional 527 shares during the period. Hollencrest Capital Management acquired a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter worth about $31,000. Barnes Dennig Private Wealth Management LLC acquired a new position in First Trust Low Duration Opportunities ETF during the second quarter worth $46,000. Asset Dedication LLC purchased a new position in First Trust Low Duration Opportunities ETF in the second quarter valued at about $67,000. Finally, Y.D. More Investments Ltd increased its holdings in First Trust Low Duration Opportunities ETF by 133.7% during the 2nd quarter. Y.D. More Investments Ltd now owns 1,596 shares of the company’s stock valued at $78,000 after acquiring an additional 913 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $50.04 on Wednesday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.32 and a fifty-two week high of $50.25. The business has a fifty day moving average of $49.99 and a 200-day moving average of $49.70.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be 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 is Friday, December 12th.

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.