Paladin Wealth LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) in the third quarter, Holdings Channel reports. The firm acquired 15,450 shares of the company’s stock, valued at approximately $763,000.
Several other hedge funds have also added to or reduced their stakes in the stock. Lion Street Advisors LLC bought a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter valued at about $206,000. Pinnacle Bancorp Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 23.4% during the third quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock valued at $159,000 after buying an additional 611 shares during the last quarter. TL Private Wealth increased its position in shares of First Trust Low Duration Opportunities ETF by 0.9% during the third quarter. TL Private Wealth now owns 305,513 shares of the company’s stock valued at $14,943,000 after acquiring an additional 2,686 shares in the last quarter. Patten Group Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 13.5% in the 3rd quarter. Patten Group Inc. now owns 28,683 shares of the company’s stock worth $1,417,000 after acquiring an additional 3,421 shares during the last quarter. Finally, CWM LLC lifted its position in First Trust Low Duration Opportunities ETF by 132.5% in the 3rd quarter. CWM LLC now owns 109,044 shares of the company’s stock valued at $5,388,000 after acquiring an additional 62,142 shares in the last quarter.
First Trust Low Duration Opportunities ETF Trading Up 0.0 %
Shares of LMBS opened at $49.11 on Monday. The business’s fifty day simple moving average is $49.20 and its two-hundred day simple moving average is $48.52. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49.
First Trust Low Duration Opportunities ETF Dividend Announcement
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.
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Want to see what other hedge funds are holding LMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report).
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