Sigma Planning Corp acquired a new position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 33,991 shares of the company’s stock, valued at approximately $1,649,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in LMBS. Root Financial Partners LLC bought a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $28,000. Whittier Trust Co. of Nevada Inc. acquired a new position in First Trust Low Duration Opportunities ETF during the 1st quarter worth $35,000. NI Acquisitions Company LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter worth $67,000. NBT Bank N.A. acquired a new position in First Trust Low Duration Opportunities ETF during the 3rd quarter worth $69,000. Finally, Noble Wealth Management PBC bought a new position in shares of First Trust Low Duration Opportunities ETF in the second quarter worth $113,000.
First Trust Low Duration Opportunities ETF Price Performance
Shares of LMBS opened at $48.77 on Thursday. First Trust Low Duration Opportunities ETF has a one year low of $47.60 and a one year high of $51.98. The stock’s fifty day moving average is $49.01 and its 200-day moving average is $49.69.
First Trust Low Duration Opportunities ETF Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Wednesday, October 21st will be issued a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $2.04 annualized dividend and a yield of 4.2%.
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.
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