Clifford Swan Investment Counsel LLC Grows Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

Clifford Swan Investment Counsel LLC grew its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 303,619 shares of the company’s stock after acquiring an additional 11,798 shares during the period. Clifford Swan Investment Counsel LLC owned about 0.24% of First Trust Low Duration Opportunities ETF worth $15,114,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Morgan Stanley increased its holdings in 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 valued at $707,388,000 after purchasing an additional 338,741 shares during the period. Wells Fargo & Company MN grew its position in shares of First Trust Low Duration Opportunities ETF by 1.6% in the 4th quarter. Wells Fargo & Company MN now owns 5,522,020 shares of the company’s stock worth $276,046,000 after buying an additional 87,626 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of First Trust Low Duration Opportunities ETF by 6.7% in the 4th quarter. Raymond James Financial Inc. now owns 4,066,736 shares of the company’s stock worth $203,296,000 after buying an additional 256,318 shares during the last quarter. Royal Bank of Canada increased its stake in shares of First Trust Low Duration Opportunities ETF by 13.0% during the first quarter. Royal Bank of Canada now owns 3,242,866 shares of the company’s stock valued at $161,527,000 after buying an additional 372,725 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of First Trust Low Duration Opportunities ETF by 7.2% during the first quarter. Cetera Investment Advisers now owns 2,551,727 shares of the company’s stock valued at $127,102,000 after buying an additional 171,648 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.48 on Tuesday. The business has a 50 day moving average of $49.64 and a 200 day moving average of $49.86. First Trust Low Duration Opportunities ETF has a 52 week low of $47.87 and a 52 week high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were issued a $0.17 dividend. The ex-dividend date was Friday, August 21st. This represents a c) annualized dividend and a yield of 4.1%.

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.