5,285 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Bought by Ancora Advisors LLC

Ancora Advisors LLC bought a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,285 shares of the company’s stock, valued at approximately $257,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Claro Advisors LLC boosted its stake in shares of 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 valued at $431,000 after purchasing an additional 249 shares in the last quarter. Riggs Asset Managment Co. Inc. boosted its position in First Trust Low Duration Opportunities ETF by 16.2% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock valued at $87,000 after buying an additional 250 shares in the last quarter. Proactive Wealth Strategies LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 10.8% during the fourth quarter. Proactive Wealth Strategies LLC now owns 4,551 shares of the company’s stock worth $222,000 after buying an additional 444 shares during the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 20.1% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock worth $134,000 after buying an additional 459 shares in the last quarter. Finally, Capital CS Group LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 6.2% in the 4th quarter. Capital CS Group LLC now owns 8,085 shares of the company’s stock valued at $393,000 after acquiring an additional 469 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock opened at $48.97 on Wednesday. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49. The stock’s fifty day simple moving average is $49.01 and its 200 day simple moving average is $48.83.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 22nd were issued a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a dividend yield of 4.17%. The ex-dividend date of this dividend was Tuesday, April 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.