First Trust Low Duration Opportunities ETF $LMBS Shares Bought by Searcy Financial Services Inc. ADV

Searcy Financial Services Inc. ADV lifted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 422,173 shares of the company’s stock after purchasing an additional 14,742 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 7.8% of Searcy Financial Services Inc. ADV’s portfolio, making the stock its 5th largest position. Searcy Financial Services Inc. ADV’s holdings in First Trust Low Duration Opportunities ETF were worth $21,104,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Insight Inv LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 48.1% during the third quarter. Insight Inv LLC now owns 38,167 shares of the company’s stock worth $1,900,000 after buying an additional 12,397 shares in the last quarter. CoreCap Advisors LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 16.6% during the third quarter. CoreCap Advisors LLC now owns 99,346 shares of the company’s stock worth $4,946,000 after buying an additional 14,151 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 6.1% during the third quarter. Cerity Partners LLC now owns 431,911 shares of the company’s stock worth $21,505,000 after buying an additional 24,782 shares in the last quarter. Csenge Advisory Group increased its holdings in shares of First Trust Low Duration Opportunities ETF by 4.3% during the third quarter. Csenge Advisory Group now owns 768,104 shares of the company’s stock worth $38,244,000 after buying an additional 31,611 shares in the last quarter. Finally, Centennial Wealth Advisory LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 53.1% during the third quarter. Centennial Wealth Advisory LLC now owns 126,788 shares of the company’s stock worth $6,313,000 after buying an additional 43,952 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ:LMBS opened at $49.98 on Friday. The company has a fifty day moving average of $50.12 and a 200-day moving average of $50.04. First Trust Low Duration Opportunities ETF has a 52-week low of $48.37 and a 52-week high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.17 per share. The ex-dividend date was Thursday, March 26th. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.