First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Bought by Mutual Advisors LLC

Mutual Advisors LLC increased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 31.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,204 shares of the company’s stock after acquiring an additional 12,495 shares during the period. Mutual Advisors LLC owned approximately 0.05% of First Trust Low Duration Opportunities ETF worth $2,542,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LMBS. Janney Montgomery Scott LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 17.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 299,503 shares of the company’s stock worth $14,577,000 after acquiring an additional 44,167 shares in the last quarter. Braun Bostich & Associates Inc. boosted its position in shares of First Trust Low Duration Opportunities ETF by 4.7% in the 4th quarter. Braun Bostich & Associates Inc. now owns 84,257 shares of the company’s stock valued at $4,101,000 after purchasing an additional 3,781 shares during the period. Atwood & Palmer Inc. increased its stake in First Trust Low Duration Opportunities ETF by 18.1% in the 4th quarter. Atwood & Palmer Inc. now owns 269,846 shares of the company’s stock worth $13,133,000 after purchasing an additional 41,391 shares in the last quarter. Harbor Investment Advisory LLC raised its holdings in First Trust Low Duration Opportunities ETF by 20.1% during the 4th quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock worth $134,000 after buying an additional 459 shares during the period. Finally, City Holding Co. lifted its stake in First Trust Low Duration Opportunities ETF by 2.1% during the fourth quarter. City Holding Co. now owns 41,228 shares of the company’s stock valued at $2,006,000 after buying an additional 838 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

First Trust Low Duration Opportunities ETF stock opened at $48.52 on Friday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49. The firm’s 50 day simple moving average is $48.71 and its 200-day simple moving average is $48.88.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd will be given a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Wednesday, January 22nd.

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.