Oppenheimer & Co. Inc. Purchases 1,524 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Oppenheimer & Co. Inc. lifted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,426 shares of the company’s stock after acquiring an additional 1,524 shares during the period. Oppenheimer & Co. Inc. owned approximately 0.05% of First Trust Low Duration Opportunities ETF worth $2,183,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Stephens Inc. AR boosted its stake in First Trust Low Duration Opportunities ETF by 2.3% during the 4th quarter. Stephens Inc. AR now owns 411,375 shares of the company’s stock valued at $19,878,000 after purchasing an additional 9,214 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in First Trust Low Duration Opportunities ETF by 691.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 15,531 shares of the company’s stock worth $745,000 after buying an additional 13,569 shares in the last quarter. Harvest Investment Services LLC increased its holdings in First Trust Low Duration Opportunities ETF by 202.5% in the 4th quarter. Harvest Investment Services LLC now owns 19,209 shares of the company’s stock worth $928,000 after buying an additional 12,859 shares in the last quarter. Advisory Services Network LLC raised its position in First Trust Low Duration Opportunities ETF by 1.6% in the 4th quarter. Advisory Services Network LLC now owns 44,458 shares of the company’s stock worth $2,148,000 after buying an additional 693 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in First Trust Low Duration Opportunities ETF by 11,259.3% during the 4th quarter. BNP Paribas Financial Markets now owns 34,078 shares of the company’s stock valued at $1,647,000 after acquiring an additional 33,778 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.1 %

Shares of LMBS stock opened at $49.47 on Tuesday. The company has a 50 day moving average price of $48.92 and a 200-day moving average price of $48.36. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $49.92.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were issued a $0.17 dividend. This represents a $2.04 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend was Wednesday, August 21st.

About First Trust Low Duration Opportunities ETF

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.