5,563 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Bought by Moment Partners LLC

Moment Partners LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,563 shares of the company’s stock, valued at approximately $271,000.

A number of other hedge funds have also recently bought and sold shares of LMBS. Principal Securities Inc. lifted its position in shares of First Trust Low Duration Opportunities ETF by 26.2% during the fourth quarter. Principal Securities Inc. now owns 18,690 shares of the company’s stock valued at $910,000 after purchasing an additional 3,875 shares in the last quarter. US Bancorp DE increased its stake in First Trust Low Duration Opportunities ETF by 66.9% in the 4th quarter. US Bancorp DE now owns 6,177 shares of the company’s stock valued at $301,000 after buying an additional 2,476 shares during the last quarter. Claro Advisors LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 2.9% during the 4th quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock worth $431,000 after buying an additional 249 shares in the last quarter. Arbor Capital Management Inc. ADV boosted its stake in shares of First Trust Low Duration Opportunities ETF by 32.5% in the 4th quarter. Arbor Capital Management Inc. ADV now owns 8,162 shares of the company’s stock worth $397,000 after buying an additional 2,003 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 2.0% in the 3rd quarter. HighTower Advisors LLC now owns 349,475 shares of the company’s stock worth $17,273,000 after buying an additional 6,854 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.1 %

Shares of LMBS opened at $49.17 on Thursday. The stock has a 50 day moving average of $48.90 and a 200 day moving average of $48.91. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a dividend yield of 4.15%. The ex-dividend date was Friday, February 21st.

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.