5,563 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Acquired by Moment Partners LLC

Moment Partners LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 5,563 shares of the company’s stock, valued at approximately $271,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its stake in First Trust Low Duration Opportunities ETF by 8.3% in the 4th quarter. LPL Financial LLC now owns 9,269,354 shares of the company’s stock valued at $451,139,000 after acquiring an additional 708,645 shares during the period. Raymond James Financial Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $149,264,000. Commonwealth Equity Services LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 31.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 822,928 shares of the company’s stock valued at $40,052,000 after purchasing an additional 194,923 shares during the period. Clearwater Capital Advisors LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 10.5% in the 4th quarter. Clearwater Capital Advisors LLC now owns 723,979 shares of the company’s stock worth $35,236,000 after buying an additional 68,712 shares during the period. Finally, Private Advisor Group LLC grew its stake in First Trust Low Duration Opportunities ETF by 94.9% in the 4th quarter. Private Advisor Group LLC now owns 454,078 shares of the company’s stock valued at $22,100,000 after buying an additional 221,157 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS stock opened at $49.17 on Thursday. The company’s fifty day simple moving average is $48.90 and its two-hundred day simple moving average is $48.91. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.04 dividend on an annualized basis and a dividend 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.