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

Orion Portfolio Solutions LLC boosted its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,205 shares of the company’s stock after acquiring an additional 1,097 shares during the period. 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 quarter.

Several other large investors also recently modified their holdings of the company. Farmers & Merchants Investments Inc. bought a new stake in First Trust Low Duration Opportunities ETF during the fourth quarter valued at $47,000. Riggs Asset Managment Co. Inc. lifted its stake in shares of First Trust Low Duration Opportunities ETF by 16.2% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock valued at $87,000 after purchasing an additional 250 shares during the period. Synergy Investment Management LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 4th quarter valued at about $116,000. Kestra Investment Management LLC acquired a new stake in First Trust Low Duration Opportunities ETF during the fourth quarter worth approximately $127,000. Finally, Marshall Investment Management LLC bought a new stake in First Trust Low Duration Opportunities ETF in the fourth quarter worth approximately $131,000.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $49.17 on Wednesday. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49. The stock’s 50 day moving average price is $48.94 and its two-hundred day moving average price is $48.90.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

First Trust Low Duration Opportunities ETF 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.