Orion Portfolio Solutions LLC Acquires 1,097 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Orion Portfolio Solutions LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,205 shares of the company’s stock after buying an additional 1,097 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,346,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $47,000. Riggs Asset Managment Co. Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 16.2% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock valued at $87,000 after buying an additional 250 shares in the last quarter. Synergy Investment Management LLC acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter worth $116,000. Kestra Investment Management LLC bought a new stake in First Trust Low Duration Opportunities ETF during the fourth quarter worth $127,000. Finally, Marshall Investment Management LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the fourth quarter valued at $131,000.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $49.17 on Wednesday. The company’s 50-day moving average is $48.94 and its 200-day moving average is $48.90. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.17 dividend. The ex-dividend date was Thursday, March 27th. This represents a $2.04 annualized dividend and a yield of 4.15%.

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.