Private Advisor Group LLC Purchases 221,157 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Private Advisor Group LLC grew its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 94.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 454,078 shares of the company’s stock after acquiring an additional 221,157 shares during the period. Private Advisor Group LLC owned 0.47% of First Trust Low Duration Opportunities ETF worth $22,100,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of LMBS. LPL Financial LLC raised its position in First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after purchasing an additional 929,010 shares during the last quarter. Raymond James & Associates increased its stake in shares of First Trust Low Duration Opportunities ETF by 6.0% in the third quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock valued at $40,014,000 after buying an additional 45,961 shares in the last quarter. Concurrent Investment Advisors LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 7.0% in the third quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock valued at $37,209,000 after buying an additional 48,939 shares during the last quarter. Prospera Financial Services Inc lifted its position in First Trust Low Duration Opportunities ETF by 32.3% during the 3rd quarter. Prospera Financial Services Inc now owns 456,916 shares of the company’s stock worth $22,586,000 after buying an additional 111,451 shares in the last quarter. Finally, Financial Enhancement Group LLC grew its holdings in First Trust Low Duration Opportunities ETF by 87.4% during the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock worth $21,258,000 after acquiring an additional 206,322 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of NASDAQ LMBS opened at $48.84 on Thursday. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49. The company has a 50-day moving average of $48.66 and a two-hundred day moving average of $48.90.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were given a $0.17 dividend. This represents a $2.04 annualized dividend and a yield of 4.18%. The ex-dividend date of this dividend was 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.