Householder Group Estate & Retirement Specialist LLC Purchases 12,359 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Householder Group Estate & Retirement Specialist LLC grew its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 35.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 47,220 shares of the company’s stock after purchasing an additional 12,359 shares during the period. First Trust Low Duration Opportunities ETF comprises about 1.7% of Householder Group Estate & Retirement Specialist LLC’s portfolio, making the stock its 12th largest position. Householder Group Estate & Retirement Specialist LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,298,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LMBS. LPL Financial LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after purchasing an additional 929,010 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 964,019 shares of the company’s stock valued at $46,321,000 after buying an additional 15,450 shares during the period. Cetera Investment Advisers boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 17.5% in the second quarter. Cetera Investment Advisers now owns 940,225 shares of the company’s stock valued at $45,178,000 after buying an additional 140,132 shares during the period. Raymond James & Associates raised its holdings in shares of First Trust Low Duration Opportunities ETF by 6.0% during the third 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 period. Finally, Concurrent Investment Advisors LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 7.0% during the third quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock worth $37,209,000 after acquiring an additional 48,939 shares during the period.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of NASDAQ LMBS opened at $48.72 on Friday. The company has a fifty day moving average price of $48.71 and a 200 day moving average price of $48.87. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $2.04 annualized dividend and a dividend yield of 4.19%.

First Trust Low Duration Opportunities ETF 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.