Cetera Investment Advisers Has $45.18 Million Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Cetera Investment Advisers raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 17.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 940,225 shares of the company’s stock after buying an additional 140,132 shares during the quarter. Cetera Investment Advisers owned 1.09% of First Trust Low Duration Opportunities ETF worth $45,178,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. City Holding Co. grew its holdings in First Trust Low Duration Opportunities ETF by 0.7% during the second quarter. City Holding Co. now owns 40,370 shares of the company’s stock worth $1,939,000 after buying an additional 300 shares in the last quarter. Waterloo Capital L.P. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 6.5% in the second quarter. Waterloo Capital L.P. now owns 5,827 shares of the company’s stock valued at $280,000 after purchasing an additional 358 shares during the last quarter. Insight Inv LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 5.2% in the first quarter. Insight Inv LLC now owns 7,470 shares of the company’s stock valued at $360,000 after purchasing an additional 370 shares during the last quarter. Palisade Asset Management LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the first quarter valued at about $25,000. Finally, Axxcess Wealth Management LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 3.4% during the first quarter. Axxcess Wealth Management LLC now owns 16,070 shares of the company’s stock worth $775,000 after purchasing an additional 521 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.1 %

NASDAQ:LMBS opened at $49.47 on Wednesday. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49. The firm has a 50-day moving average price of $49.13 and a two-hundred day moving average price of $48.46.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date 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.