RFG Advisory LLC Acquires 69,392 Shares of First Trust Low Duration Opportunities ETF $LMBS

RFG Advisory LLC raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 136.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 120,237 shares of the company’s stock after buying an additional 69,392 shares during the period. RFG Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $5,989,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Palisade Asset Management LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter worth approximately $26,000. Bank of Montreal Can lifted its holdings in First Trust Low Duration Opportunities ETF by 169.0% during the 4th quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $37,000 after purchasing an additional 463 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in First Trust Low Duration Opportunities ETF by 38.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after purchasing an additional 250 shares during the last quarter. Motiv8 Investments LLC bought a new position in First Trust Low Duration Opportunities ETF during the fourth quarter worth $56,000. Finally, Flagship Harbor Advisors LLC bought a new position in First Trust Low Duration Opportunities ETF during the fourth quarter worth $69,000.

First Trust Low Duration Opportunities ETF Trading Up 0.2%

NASDAQ:LMBS opened at $49.94 on Thursday. First Trust Low Duration Opportunities ETF has a one year low of $47.87 and a one year high of $51.98. The firm’s fifty day moving average price is $49.87 and its two-hundred day moving average price is $50.01.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, May 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.