Good Life Advisors LLC Has $3.12 Million Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Good Life Advisors LLC lifted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 12.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,185 shares of the company’s stock after buying an additional 7,074 shares during the period. Good Life Advisors LLC owned about 0.07% of First Trust Low Duration Opportunities ETF worth $3,122,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of LMBS. Global Assets Advisory LLC raised its holdings in First Trust Low Duration Opportunities ETF by 4,688.2% during the first quarter. Global Assets Advisory LLC now owns 1,290,892 shares of the company’s stock worth $62,286,000 after acquiring an additional 1,263,932 shares in the last quarter. LPL Financial LLC raised its holdings in First Trust Low Duration Opportunities ETF by 7.8% during the second quarter. LPL Financial LLC now owns 7,631,699 shares of the company’s stock worth $366,703,000 after acquiring an additional 550,017 shares in the last quarter. Trilogy Capital Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 2,194.1% during the first quarter. Trilogy Capital Inc. now owns 471,010 shares of the company’s stock worth $22,726,000 after acquiring an additional 450,479 shares in the last quarter. Brookstone Capital Management raised its holdings in First Trust Low Duration Opportunities ETF by 2,052.6% during the second quarter. Brookstone Capital Management now owns 471,136 shares of the company’s stock worth $22,944,000 after acquiring an additional 449,249 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in First Trust Low Duration Opportunities ETF by 114.6% during the first quarter. Cetera Investment Advisers now owns 800,093 shares of the company’s stock worth $38,604,000 after acquiring an additional 427,232 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ:LMBS traded down $0.08 on Thursday, hitting $49.10. The company’s stock had a trading volume of 77,989 shares, compared to its average volume of 481,306. The stock has a fifty day moving average of $49.21 and a two-hundred day moving average of $48.53. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, September 26th. 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.