Commonwealth Equity Services LLC Boosts Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Commonwealth Equity Services LLC increased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 31.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 822,928 shares of the company’s stock after purchasing an additional 194,923 shares during the quarter. Commonwealth Equity Services LLC owned 0.85% of First Trust Low Duration Opportunities ETF worth $40,052,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Claro Advisors LLC raised its position in First Trust Low Duration Opportunities ETF by 2.9% in the 4th quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock worth $431,000 after purchasing an additional 249 shares during the period. Riggs Asset Managment Co. Inc. grew its holdings in First Trust Low Duration Opportunities ETF by 16.2% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock worth $87,000 after acquiring an additional 250 shares during the last quarter. Pinnacle Family Advisors LLC grew its holdings in First Trust Low Duration Opportunities ETF by 4.3% in the 3rd quarter. Pinnacle Family Advisors LLC now owns 9,508 shares of the company’s stock worth $470,000 after acquiring an additional 391 shares during the last quarter. Holistic Financial Partners grew its holdings in First Trust Low Duration Opportunities ETF by 2.9% in the 3rd quarter. Holistic Financial Partners now owns 14,921 shares of the company’s stock worth $737,000 after acquiring an additional 419 shares during the last quarter. Finally, Proactive Wealth Strategies LLC grew its holdings in First Trust Low Duration Opportunities ETF by 10.8% in the 4th quarter. Proactive Wealth Strategies LLC now owns 4,551 shares of the company’s stock worth $222,000 after acquiring an additional 444 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.08 on Friday. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49. The company’s fifty day simple moving average is $48.79 and its two-hundred day simple moving average is $48.91.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date of this dividend was Friday, February 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.