Cwm LLC Has $225,000 Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Cwm LLC boosted its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 17.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,658 shares of the company’s stock after purchasing an additional 679 shares during the period. Cwm LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $225,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of LMBS. Bellevue Asset Management LLC grew its holdings in First Trust Low Duration Opportunities ETF by 1.2% during the 3rd quarter. Bellevue Asset Management LLC now owns 124,894 shares of the company’s stock worth $5,900,000 after acquiring an additional 1,461 shares during the period. Park Avenue Securities LLC grew its holdings in First Trust Low Duration Opportunities ETF by 11.1% during the 3rd quarter. Park Avenue Securities LLC now owns 38,730 shares of the company’s stock worth $1,830,000 after acquiring an additional 3,864 shares during the period. Alpha Financial Advisors LLC grew its holdings in First Trust Low Duration Opportunities ETF by 0.3% during the 3rd quarter. Alpha Financial Advisors LLC now owns 95,469 shares of the company’s stock worth $4,510,000 after acquiring an additional 281 shares during the period. Assetmark Inc. grew its holdings in First Trust Low Duration Opportunities ETF by 182.5% during the 3rd quarter. Assetmark Inc. now owns 67,798 shares of the company’s stock worth $3,203,000 after acquiring an additional 43,802 shares during the period. Finally, Narwhal Capital Management grew its holdings in First Trust Low Duration Opportunities ETF by 16.7% during the 3rd quarter. Narwhal Capital Management now owns 10,977 shares of the company’s stock worth $519,000 after acquiring an additional 1,571 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

LMBS stock opened at $47.89 on Friday. The company’s 50-day moving average is $48.00 and its 200-day moving average is $47.87. First Trust Low Duration Opportunities ETF has a 1 year low of $46.58 and a 1 year high of $48.55.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th were given a $0.175 dividend. The ex-dividend date of this dividend was Tuesday, April 23rd. This represents a $2.10 annualized dividend and a yield of 4.39%.

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.