First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 964,019 shares of the company’s stock after acquiring an additional 15,450 shares during the quarter. Envestnet Asset Management Inc. owned about 1.12% of First Trust Low Duration Opportunities ETF worth $46,321,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. BNP Paribas Financial Markets lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 11,259.3% in the 4th quarter. BNP Paribas Financial Markets now owns 34,078 shares of the company’s stock valued at $1,647,000 after purchasing an additional 33,778 shares during the last quarter. Assetmark Inc. lifted its stake in First Trust Low Duration Opportunities ETF by 52.8% in the fourth quarter. Assetmark Inc. now owns 103,613 shares of the company’s stock valued at $5,007,000 after buying an additional 35,815 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 17.8% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 387,766 shares of the company’s stock valued at $18,737,000 after acquiring an additional 58,656 shares during the period. US Bancorp DE grew its position in shares of First Trust Low Duration Opportunities ETF by 45.0% during the fourth quarter. US Bancorp DE now owns 21,378 shares of the company’s stock worth $1,033,000 after acquiring an additional 6,632 shares during the last quarter. Finally, Advisory Services Network LLC increased its holdings in shares of 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 valued at $2,148,000 after acquiring an additional 693 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.1 %

LMBS stock opened at $49.57 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $49.92. The company has a fifty day moving average price of $48.99 and a 200 day moving average price of $48.39.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

First Trust Low Duration Opportunities ETF Company 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.