First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Bought by Principal Securities Inc.

Principal Securities Inc. grew its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 26.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 18,690 shares of the company’s stock after purchasing an additional 3,875 shares during the quarter. Principal Securities Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $910,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter worth $47,000. Riggs Asset Managment Co. Inc. acquired a new stake in First Trust Low Duration Opportunities ETF during the third quarter valued at $76,000. Prospera Private Wealth LLC bought a new position in First Trust Low Duration Opportunities ETF during the third quarter valued at about $79,000. Harbor Investment Advisory LLC raised its holdings in First Trust Low Duration Opportunities ETF by 20.1% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock valued at $134,000 after buying an additional 459 shares in the last quarter. Finally, Proactive Wealth Strategies LLC bought a new position in shares of First Trust Low Duration Opportunities ETF in the third quarter worth about $203,000.

First Trust Low Duration Opportunities ETF Trading Up 0.2 %

First Trust Low Duration Opportunities ETF stock opened at $48.94 on Friday. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49. The business’s 50-day simple moving average is $48.65 and its 200-day simple moving average is $48.90.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a dividend of $0.17 per share. The ex-dividend date was Wednesday, January 22nd. This represents a $2.04 annualized dividend and a yield of 4.17%.

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.