First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Purchased by TAP Consulting LLC

TAP Consulting LLC boosted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 262,664 shares of the company’s stock after purchasing an additional 10,565 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 2.7% of TAP Consulting LLC’s investment portfolio, making the stock its 6th biggest holding. TAP Consulting LLC owned about 0.30% of First Trust Low Duration Opportunities ETF worth $12,621,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of LMBS. NBC Securities Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 1.2% in the fourth quarter. NBC Securities Inc. now owns 19,613 shares of the company’s stock valued at $947,000 after buying an additional 233 shares during the period. Abbot Financial Management Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 1.3% in the fourth quarter. Abbot Financial Management Inc. now owns 18,937 shares of the company’s stock valued at $915,000 after buying an additional 238 shares during the period. City Holding Co. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 0.7% in the second quarter. City Holding Co. now owns 40,370 shares of the company’s stock valued at $1,939,000 after buying an additional 300 shares during the period. Insight Inv LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 5.2% in the first quarter. Insight Inv LLC now owns 7,470 shares of the company’s stock worth $360,000 after purchasing an additional 370 shares in the last quarter. Finally, Palisade Asset Management LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter worth $25,000.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock traded up $0.04 during trading on Friday, reaching $49.31. The company’s stock had a trading volume of 313,407 shares, compared to its average volume of 464,169. The business has a fifty day moving average price of $48.77 and a 200-day moving average price of $48.30. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $49.92.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 21st were given a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend was Wednesday, August 21st.

About First Trust Low Duration Opportunities ETF

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.