Susquehanna International Group LLP Makes New Investment in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Susquehanna International Group LLP purchased a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 152,690 shares of the company’s stock, valued at approximately $7,337,000. Susquehanna International Group LLP owned approximately 0.18% of First Trust Low Duration Opportunities ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Palisade Asset Management LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the first quarter worth about $25,000. Hilltop National Bank acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at approximately $42,000. Chris Bulman Inc bought a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter worth $43,000. Triad Wealth Partners LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter worth $44,000. Finally, Strategic Financial Concepts LLC acquired a new position in First Trust Low Duration Opportunities ETF during the second quarter worth $53,000.

First Trust Low Duration Opportunities ETF Stock Down 0.4 %

First Trust Low Duration Opportunities ETF stock opened at $49.14 on Friday. The company has a fifty day simple moving average of $49.17 and a 200 day simple moving average of $48.48. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.17 dividend. This represents a $2.04 annualized dividend and a dividend yield of 4.15%. The ex-dividend date of this dividend was Thursday, September 26th.

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.