Bigelow Investment Advisors LLC Has $2 Million Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Bigelow Investment Advisors LLC boosted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 11.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,013 shares of the company’s stock after acquiring an additional 4,108 shares during the period. First Trust Low Duration Opportunities ETF accounts for 0.9% of Bigelow Investment Advisors LLC’s investment portfolio, making the stock its 27th biggest holding. Bigelow Investment Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,996,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LMBS. Raymond James & Associates lifted its position in First Trust Low Duration Opportunities ETF by 6.0% during the 3rd quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock worth $40,014,000 after acquiring an additional 45,961 shares during the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 449.3% during the 3rd quarter. Foundations Investment Advisors LLC now owns 243,998 shares of the company’s stock worth $12,056,000 after purchasing an additional 199,575 shares during the period. Private Advisor Group LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 7.5% during the 3rd quarter. Private Advisor Group LLC now owns 232,921 shares of the company’s stock worth $11,509,000 after purchasing an additional 16,213 shares during the period. Mainsail Financial Group LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 48.0% during the 3rd quarter. Mainsail Financial Group LLC now owns 105,975 shares of the company’s stock worth $5,199,000 after purchasing an additional 34,392 shares during the period. Finally, Chris Bulman Inc increased its holdings in shares of First Trust Low Duration Opportunities ETF by 841.0% during the 3rd quarter. Chris Bulman Inc now owns 8,403 shares of the company’s stock worth $415,000 after purchasing an additional 7,510 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ:LMBS opened at $48.83 on Wednesday. The firm’s 50-day moving average is $48.66 and its 200-day moving average is $48.90. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $2.04 annualized dividend and a dividend yield of 4.18%.

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.