First Trust Low Duration Opportunities ETF $LMBS Stake Lifted by Bellevue Asset Management LLC

Bellevue Asset Management LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 8.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 192,509 shares of the company’s stock after acquiring an additional 15,731 shares during the period. First Trust Low Duration Opportunities ETF accounts for approximately 4.4% of Bellevue Asset Management LLC’s investment portfolio, making the stock its 5th biggest holding. Bellevue Asset Management LLC owned approximately 0.17% of First Trust Low Duration Opportunities ETF worth $9,585,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of First Trust Low Duration Opportunities ETF by 18.0% during the 2nd quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock worth $80,319,000 after buying an additional 248,784 shares during the last quarter. Raymond James Financial Inc. raised its stake in First Trust Low Duration Opportunities ETF by 5.4% during the 2nd quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock worth $177,115,000 after acquiring an additional 185,249 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its position in First Trust Low Duration Opportunities ETF by 104.0% in the second quarter. Vestmark Advisory Solutions Inc. now owns 363,206 shares of the company’s stock valued at $17,892,000 after acquiring an additional 185,184 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in First Trust Low Duration Opportunities ETF by 139.4% in the second quarter. Geneos Wealth Management Inc. now owns 305,634 shares of the company’s stock valued at $15,056,000 after acquiring an additional 177,987 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 26.0% in the second quarter. Osaic Holdings Inc. now owns 850,960 shares of the company’s stock valued at $41,928,000 after acquiring an additional 175,338 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.1%

LMBS opened at $50.12 on Tuesday. First Trust Low Duration Opportunities ETF has a one year low of $48.37 and a one year high of $51.98. The business’s 50-day simple moving average is $50.05 and its 200-day simple moving average is $49.85.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

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.