First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC lifted its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 366,120 shares of the company’s stock after purchasing an additional 16,645 shares during the quarter. HighTower Advisors LLC owned about 0.38% of First Trust Low Duration Opportunities ETF worth $17,819,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Claro Advisors LLC lifted its position in 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 acquiring an additional 249 shares during the period. Riggs Asset Managment Co. Inc. lifted its position in First Trust Low Duration Opportunities ETF by 16.2% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock worth $87,000 after acquiring an additional 250 shares during the period. Pinnacle Family Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF by 4.3% during the 3rd quarter. Pinnacle Family Advisors LLC now owns 9,508 shares of the company’s stock worth $470,000 after acquiring an additional 391 shares during the period. Holistic Financial Partners lifted its position in First Trust Low Duration Opportunities ETF by 2.9% during the 3rd quarter. Holistic Financial Partners now owns 14,921 shares of the company’s stock worth $737,000 after acquiring an additional 419 shares during the period. Finally, Proactive Wealth Strategies LLC lifted its position in First Trust Low Duration Opportunities ETF by 10.8% during the 4th quarter. Proactive Wealth Strategies LLC now owns 4,551 shares of the company’s stock worth $222,000 after acquiring an additional 444 shares during the period.

First Trust Low Duration Opportunities ETF Stock Down 0.1 %

Shares of LMBS opened at $49.08 on Friday. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49. The stock has a 50-day moving average of $48.79 and a two-hundred day moving average of $48.91.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date was Friday, February 21st.

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.