Key Client Fiduciary Advisors LLC Purchases New Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Key Client Fiduciary Advisors LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 7,575 shares of the company’s stock, valued at approximately $365,000.

A number of other institutional investors and hedge funds have also bought and sold shares of LMBS. Trilogy Capital Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 1.1% during the 4th quarter. Trilogy Capital Inc. now owns 20,531 shares of the company’s stock valued at $992,000 after purchasing an additional 231 shares during the last quarter. NBC Securities Inc. raised its stake in First Trust Low Duration Opportunities ETF by 1.2% in the fourth quarter. NBC Securities Inc. now owns 19,613 shares of the company’s stock valued at $947,000 after buying an additional 233 shares during the last quarter. Abbot Financial Management Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 1.3% during the fourth quarter. Abbot Financial Management Inc. now owns 18,937 shares of the company’s stock worth $915,000 after acquiring an additional 238 shares during the last quarter. IFG Advisory LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 1.8% during the fourth quarter. IFG Advisory LLC now owns 15,021 shares of the company’s stock worth $726,000 after acquiring an additional 259 shares during the last quarter. Finally, OneAscent Financial Services LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 7.7% during the fourth quarter. OneAscent Financial Services LLC now owns 4,669 shares of the company’s stock valued at $226,000 after acquiring an additional 334 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.2 %

NASDAQ LMBS opened at $48.08 on Friday. The company has a fifty day simple moving average of $48.02 and a two-hundred day simple moving average of $48.12. First Trust Low Duration Opportunities ETF has a 12-month low of $46.58 and a 12-month high of $48.55.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 27th will be issued a $0.17 dividend. The ex-dividend date is Thursday, June 27th.

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.