Mutual Advisors LLC Boosts Stake in First Trust Low Duration Opportunities ETF $LMBS

Mutual Advisors LLC grew its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 116.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 202,635 shares of the company’s stock after acquiring an additional 108,838 shares during the quarter. Mutual Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $10,125,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Avestar Capital LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 1.2% in the 2nd quarter. Avestar Capital LLC now owns 18,040 shares of the company’s stock worth $889,000 after buying an additional 208 shares in the last quarter. Iams Wealth Management LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 0.6% in the 3rd quarter. Iams Wealth Management LLC now owns 37,073 shares of the company’s stock valued at $1,846,000 after acquiring an additional 212 shares during the last quarter. TrueWealth Advisors LLC grew its position in First Trust Low Duration Opportunities ETF by 5.4% in the third quarter. TrueWealth Advisors LLC now owns 5,588 shares of the company’s stock worth $278,000 after acquiring an additional 286 shares in the last quarter. VestGen Advisors LLC grew its position in First Trust Low Duration Opportunities ETF by 0.5% in the second quarter. VestGen Advisors LLC now owns 60,981 shares of the company’s stock worth $3,004,000 after acquiring an additional 287 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its stake in First Trust Low Duration Opportunities ETF by 1.1% during the second quarter. Chicago Partners Investment Group LLC now owns 29,114 shares of the company’s stock worth $1,431,000 after acquiring an additional 310 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

Shares of First Trust Low Duration Opportunities ETF stock opened at $50.17 on Friday. The stock has a 50 day moving average price of $50.05 and a 200-day moving average price of $49.84. First Trust Low Duration Opportunities ETF has a one year low of $48.37 and a one year high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were paid a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, January 21st.

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.