US Bancorp DE Acquires 2,476 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

US Bancorp DE raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 66.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,177 shares of the company’s stock after purchasing an additional 2,476 shares during the period. US Bancorp DE’s holdings in First Trust Low Duration Opportunities ETF were worth $301,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Securities Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 26.2% during the 4th quarter. Principal Securities Inc. now owns 18,690 shares of the company’s stock worth $910,000 after acquiring an additional 3,875 shares during the period. Claro Advisors LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 2.9% during the 4th quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock worth $431,000 after acquiring an additional 249 shares during the period. HighTower Advisors LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 2.0% during the 3rd quarter. HighTower Advisors LLC now owns 349,475 shares of the company’s stock worth $17,273,000 after acquiring an additional 6,854 shares during the period. DAVENPORT & Co LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 2.8% during the 4th quarter. DAVENPORT & Co LLC now owns 52,433 shares of the company’s stock worth $2,552,000 after acquiring an additional 1,427 shares during the period. Finally, Benjamin Edwards Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 1,308.9% during the 3rd quarter. Benjamin Edwards Inc. now owns 69,784 shares of the company’s stock worth $3,448,000 after acquiring an additional 64,831 shares during the period.

First Trust Low Duration Opportunities ETF Stock Up 0.1 %

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.12 on Friday. The company has a 50 day moving average of $48.78 and a 200-day moving average of $48.91. 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 company also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date was Friday, February 21st.

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.