12,205 First Trust Low Duration Opportunities ETF $LMBS Shares Purchased by Split Rock Private Trading & Wealth Management LLC

Split Rock Private Trading & Wealth Management LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 28.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 54,752 shares of the company’s stock after purchasing an additional 12,205 shares during the period. First Trust Low Duration Opportunities ETF makes up about 1.8% of Split Rock Private Trading & Wealth Management LLC’s holdings, making the stock its 12th biggest holding. Split Rock Private Trading & Wealth Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,653,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its stake in shares of First Trust Low Duration Opportunities ETF by 23.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 314,039 shares of the company’s stock worth $15,699,000 after purchasing an additional 59,371 shares during the last quarter. Centennial Wealth Advisory LLC increased its holdings in First Trust Low Duration Opportunities ETF by 90.4% in the first quarter. Centennial Wealth Advisory LLC now owns 250,985 shares of the company’s stock valued at $12,502,000 after purchasing an additional 119,195 shares during the period. Compass Financial Management LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the second quarter valued at $4,397,000. Citadel Advisors LLC bought a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter worth $6,829,000. Finally, Independent Wealth Network Inc. bought a new position in First Trust Low Duration Opportunities ETF during the 1st quarter worth $2,285,000.

First Trust Low Duration Opportunities ETF Stock Up 0.1%

Shares of LMBS opened at $48.75 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $47.60 and a 12 month high of $51.98. The stock’s 50-day moving average price is $49.17 and its two-hundred day moving average price is $49.57.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $2.04 annualized dividend and a dividend yield of 4.2%.

First Trust Low Duration Opportunities ETF 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.