First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Purchased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. grew its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,938 shares of the company’s stock after acquiring an additional 529 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $873,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of LMBS. Farmers & Merchants Investments Inc. acquired a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter valued at approximately $47,000. Riggs Asset Managment Co. Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF during the third quarter valued at about $76,000. Prospera Private Wealth LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the third quarter valued at about $79,000. Harbor Investment Advisory LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 20.1% in the fourth quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock worth $134,000 after purchasing an additional 459 shares during the period. Finally, Proactive Wealth Strategies LLC bought a new position in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at about $203,000.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock opened at $48.83 on Wednesday. The firm’s 50-day moving average is $48.66 and its two-hundred day moving average is $48.90. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were given a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%.

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.