First Trust Low Duration Opportunities ETF $LMBS is Bellevue Asset Management LLC’s 5th Largest Position

Bellevue Asset Management LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 8.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 192,509 shares of the company’s stock after purchasing an additional 15,731 shares during the period. First Trust Low Duration Opportunities ETF accounts for 4.4% of Bellevue Asset Management LLC’s investment portfolio, making the stock its 5th largest holding. Bellevue Asset Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $9,585,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Jones Financial Companies Lllp raised its holdings in shares of First Trust Low Duration Opportunities ETF by 62.0% in the third quarter. Jones Financial Companies Lllp now owns 247,378 shares of the company’s stock valued at $12,297,000 after buying an additional 94,684 shares during the last quarter. Meridian Wealth Management LLC increased its position in First Trust Low Duration Opportunities ETF by 52.8% in the 3rd quarter. Meridian Wealth Management LLC now owns 10,308 shares of the company’s stock valued at $513,000 after acquiring an additional 3,563 shares during the period. Carrera Capital Advisors acquired a new position in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at about $370,000. Mutual Advisors LLC raised its stake in First Trust Low Duration Opportunities ETF by 116.0% during the 3rd quarter. Mutual Advisors LLC now owns 202,635 shares of the company’s stock valued at $10,125,000 after acquiring an additional 108,838 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its position in First Trust Low Duration Opportunities ETF by 160.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $32,000 after acquiring an additional 400 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.1%

Shares of LMBS stock opened at $50.12 on Tuesday. The business’s 50 day moving average is $50.05 and its two-hundred day moving average is $49.85. First Trust Low Duration Opportunities ETF has a twelve month low of $48.37 and a twelve month high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

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

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.