First Trust Low Duration Opportunities ETF $LMBS Shares Newly Acquired by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. bought a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 90,136 shares of the company’s stock, valued at approximately $4,368,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 14.8% during the third quarter. Ashton Thomas Private Wealth LLC now owns 254,299 shares of the company’s stock worth $12,323,000 after buying an additional 32,782 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at approximately $6,829,000. Compass Financial Management LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter valued at approximately $4,397,000. Secure Asset Management LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 6.8% during the second quarter. Secure Asset Management LLC now owns 296,908 shares of the company’s stock valued at $14,780,000 after buying an additional 18,853 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 3.6% during the second quarter. NewEdge Advisors LLC now owns 403,638 shares of the company’s stock valued at $20,093,000 after buying an additional 13,875 shares during the period.

First Trust Low Duration Opportunities ETF Stock Down 0.0%

NASDAQ LMBS traded down $0.01 during mid-day trading on Friday, reaching $48.78. 513,255 shares of the stock were exchanged, compared to its average volume of 578,101. First Trust Low Duration Opportunities ETF has a 1-year low of $47.60 and a 1-year high of $51.98. The business’s fifty day simple moving average is $48.88 and its 200 day simple moving average is $49.62.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 2nd. Shareholders of record on Wednesday, October 21st were issued a $0.17 dividend. The ex-dividend date was Wednesday, October 21st. This represents a $2.04 annualized dividend and a yield of 4.2%.

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.