First Trust Low Duration Opportunities ETF $LMBS Stock: Kestra Advisory Services LLC Grows Holdings

Kestra Advisory Services LLC grew its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 17.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 358,049 shares of the company’s stock after buying an additional 52,138 shares during the period. Kestra Advisory Services LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $17,351,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LMBS. Commonwealth Equity Services LLC purchased a new position in First Trust Low Duration Opportunities ETF in the third quarter valued at $78,781,000. International Assets Investment Management LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 4,412.0% in the third quarter. International Assets Investment Management LLC now owns 600,000 shares of the company’s stock valued at $29,076,000 after buying an additional 586,702 shares during the last quarter. Financial Enhancement Group LLC purchased a new position in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $26,082,000. Royal Bank of Canada boosted its holdings in First Trust Low Duration Opportunities ETF by 13.0% in the 1st quarter. Royal Bank of Canada now owns 3,242,866 shares of the company’s stock valued at $161,527,000 after purchasing an additional 372,725 shares in the last quarter. Finally, Commonwealth Financial Services LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 7,161.8% during the 1st quarter. Commonwealth Financial Services LLC now owns 294,031 shares of the company’s stock worth $14,646,000 after purchasing an additional 289,982 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS opened at $49.14 on Monday. The business’s 50 day simple moving average is $48.93 and its 200-day simple moving average is $49.65. First Trust Low Duration Opportunities ETF has a 12 month low of $47.60 and a 12 month high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

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.