First Trust Low Duration Opportunities ETF $LMBS Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,010,238 shares of the company’s stock after buying an additional 39,802 shares during the period. Envestnet Asset Management Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $50,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of LMBS. Insight Inv LLC lifted its stake in First Trust Low Duration Opportunities ETF by 48.1% in the 3rd quarter. Insight Inv LLC now owns 38,167 shares of the company’s stock worth $1,900,000 after purchasing an additional 12,397 shares in the last quarter. CoreCap Advisors LLC increased its stake in First Trust Low Duration Opportunities ETF by 16.6% during the third quarter. CoreCap Advisors LLC now owns 99,346 shares of the company’s stock worth $4,946,000 after acquiring an additional 14,151 shares during the last quarter. Cerity Partners LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 6.1% during the 3rd quarter. Cerity Partners LLC now owns 431,911 shares of the company’s stock worth $21,505,000 after purchasing an additional 24,782 shares during the last quarter. Csenge Advisory Group increased its position in shares of First Trust Low Duration Opportunities ETF by 4.3% during the third quarter. Csenge Advisory Group now owns 768,104 shares of the company’s stock valued at $38,244,000 after acquiring an additional 31,611 shares during the last quarter. Finally, Centennial Wealth Advisory LLC increased its holdings in First Trust Low Duration Opportunities ETF by 53.1% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 126,788 shares of the company’s stock valued at $6,313,000 after purchasing an additional 43,952 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

LMBS stock opened at $50.23 on Tuesday. The business’s fifty day moving average price is $50.06 and its 200 day moving average price is $49.88. First Trust Low Duration Opportunities ETF has a 12-month low of $48.37 and a 12-month high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were paid a $0.17 dividend. The ex-dividend date was Wednesday, January 21st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.