First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 17.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 299,503 shares of the company’s stock after buying an additional 44,167 shares during the quarter. Janney Montgomery Scott LLC owned about 0.31% of First Trust Low Duration Opportunities ETF worth $14,577,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Susquehanna International Group LLP acquired a new stake in First Trust Low Duration Opportunities ETF in the 2nd quarter valued at about $7,337,000. NewEdge Advisors LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 46.1% in the second quarter. NewEdge Advisors LLC now owns 244,360 shares of the company’s stock valued at $11,741,000 after purchasing an additional 77,107 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in First Trust Low Duration Opportunities ETF by 12.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 698,281 shares of the company’s stock worth $33,552,000 after buying an additional 78,879 shares in the last quarter. Gateway Wealth Partners LLC boosted its stake in First Trust Low Duration Opportunities ETF by 6.5% during the second quarter. Gateway Wealth Partners LLC now owns 19,443 shares of the company’s stock worth $934,000 after buying an additional 1,181 shares during the last quarter. Finally, Traction Financial Partners LLC grew its holdings in First Trust Low Duration Opportunities ETF by 3.4% in the 2nd quarter. Traction Financial Partners LLC now owns 35,917 shares of the company’s stock valued at $1,761,000 after buying an additional 1,186 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of LMBS opened at $48.54 on Monday. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49. The stock has a fifty day simple moving average of $48.70 and a two-hundred day simple moving average of $48.89.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd will be paid a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Wednesday, January 22nd.

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.