TFB Advisors LLC Has $758,000 Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

TFB Advisors LLC increased its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 17.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 15,577 shares of the company’s stock after purchasing an additional 2,270 shares during the quarter. TFB Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $758,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Iams Wealth Management LLC grew its position in First Trust Low Duration Opportunities ETF by 8.4% during the third quarter. Iams Wealth Management LLC now owns 51,938 shares of the company’s stock worth $2,566,000 after buying an additional 4,020 shares in the last quarter. Keystone Wealth Services LLC boosted its stake in First Trust Low Duration Opportunities ETF by 1.2% during the third quarter. Keystone Wealth Services LLC now owns 62,670 shares of the company’s stock worth $3,097,000 after buying an additional 754 shares in the last quarter. EdgeRock Capital LLC increased its holdings in First Trust Low Duration Opportunities ETF by 0.8% in the 3rd quarter. EdgeRock Capital LLC now owns 140,210 shares of the company’s stock valued at $6,928,000 after buying an additional 1,150 shares during the period. Braun Bostich & Associates Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF by 10.8% in the 3rd quarter. Braun Bostich & Associates Inc. now owns 80,476 shares of the company’s stock valued at $3,976,000 after buying an additional 7,824 shares in the last quarter. Finally, Prism Advisors Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 6.7% during the 3rd quarter. Prism Advisors Inc. now owns 279,833 shares of the company’s stock worth $13,827,000 after acquiring an additional 17,645 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $48.71 on Wednesday. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49. The company’s 50-day simple moving average is $48.69 and its 200 day simple moving average is $48.90.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were issued a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.19%.

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.