First Trust Low Duration Opportunities ETF $LMBS Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.2% during the first quarter, Holdings Channel.com reports. The firm owned 2,551,727 shares of the company’s stock after purchasing an additional 171,648 shares during the quarter. Cetera Investment Advisers’ holdings in First Trust Low Duration Opportunities ETF were worth $127,102,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of LMBS. Certified Advisory Corp grew its position in First Trust Low Duration Opportunities ETF by 3.2% during the first quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock worth $321,000 after buying an additional 200 shares during the period. Helium Advisors LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 1.0% during the 1st quarter. Helium Advisors LLC now owns 20,861 shares of the company’s stock worth $1,039,000 after acquiring an additional 210 shares in the last quarter. Valley Financial Group Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 1.9% during the 3rd quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock worth $663,000 after acquiring an additional 246 shares in the last quarter. Hazlett Burt & Watson Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 38.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after acquiring an additional 250 shares during the period. Finally, Sanctuary Advisors LLC increased its stake in First Trust Low Duration Opportunities ETF by 0.7% in the 1st quarter. Sanctuary Advisors LLC now owns 47,689 shares of the company’s stock valued at $2,375,000 after purchasing an additional 318 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $49.36 on Friday. The company’s 50-day moving average price is $49.74 and its 200 day moving average price is $49.97. First Trust Low Duration Opportunities ETF has a 52 week low of $47.87 and a 52 week high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a c) dividend on an annualized basis 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.