StoneX Group Inc. Boosts Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

StoneX Group Inc. boosted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 29,206 shares of the company’s stock after purchasing an additional 1,214 shares during the period. StoneX Group Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $1,421,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. purchased a new position in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $47,000. Riggs Asset Managment Co. Inc. boosted its position in First Trust Low Duration Opportunities ETF by 16.2% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock valued at $87,000 after buying an additional 250 shares during the period. Synergy Investment Management LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the fourth quarter worth $116,000. Kestra Investment Management LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth $127,000. Finally, Marshall Investment Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at $131,000.

First Trust Low Duration Opportunities ETF Trading Up 0.0 %

NASDAQ:LMBS opened at $49.17 on Wednesday. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49. The stock has a fifty day moving average price of $48.94 and a 200 day moving average price of $48.90.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend was Thursday, March 27th.

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.