Csenge Advisory Group Has $34.85 Million Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Csenge Advisory Group lifted its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 712,177 shares of the company’s stock after acquiring an additional 7,202 shares during the period. First Trust Low Duration Opportunities ETF accounts for 2.0% of Csenge Advisory Group’s portfolio, making the stock its 8th largest position. Csenge Advisory Group’s holdings in First Trust Low Duration Opportunities ETF were worth $34,847,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC grew its stake in First Trust Low Duration Opportunities ETF by 8.3% during the 4th quarter. LPL Financial LLC now owns 9,269,354 shares of the company’s stock valued at $451,139,000 after purchasing an additional 708,645 shares during the last quarter. Wells Fargo & Company MN grew its stake in First Trust Low Duration Opportunities ETF by 2.8% during the 4th quarter. Wells Fargo & Company MN now owns 4,853,287 shares of the company’s stock valued at $236,209,000 after purchasing an additional 132,154 shares during the last quarter. Royal Bank of Canada grew its stake in First Trust Low Duration Opportunities ETF by 1.9% during the 4th quarter. Royal Bank of Canada now owns 2,738,978 shares of the company’s stock valued at $133,306,000 after purchasing an additional 50,352 shares during the last quarter. Cetera Investment Advisers grew its stake in First Trust Low Duration Opportunities ETF by 75.1% during the 4th quarter. Cetera Investment Advisers now owns 1,724,201 shares of the company’s stock valued at $83,917,000 after purchasing an additional 739,519 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in First Trust Low Duration Opportunities ETF by 0.5% during the 4th quarter. First Trust Advisors LP now owns 1,054,514 shares of the company’s stock valued at $51,323,000 after purchasing an additional 5,451 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

First Trust Low Duration Opportunities ETF stock opened at $49.25 on Friday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49. The business’s 50-day simple moving average is $49.03 and its two-hundred day simple moving average is $48.93.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were given a dividend of $0.17 per share. The ex-dividend date was Thursday, June 26th. This represents a $2.04 dividend on an annualized basis and a yield of 4.14%.

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.