First Trust Low Duration Opportunities ETF $LMBS Shares Acquired by Secure Asset Management LLC

Secure Asset Management LLC lifted its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 23.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 240,724 shares of the company’s stock after purchasing an additional 45,942 shares during the quarter. First Trust Low Duration Opportunities ETF comprises about 2.0% of Secure Asset Management LLC’s portfolio, making the stock its 9th largest holding. Secure Asset Management LLC owned about 0.22% of First Trust Low Duration Opportunities ETF worth $12,002,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of LMBS. Creekmur Asset Management LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 497.2% during the second quarter. Creekmur Asset Management LLC now owns 633 shares of the company’s stock worth $31,000 after purchasing an additional 527 shares during the period. Hollencrest Capital Management acquired a new stake in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at approximately $31,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter worth $46,000. Asset Dedication LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter worth $67,000. Finally, Y.D. More Investments Ltd boosted its holdings in First Trust Low Duration Opportunities ETF by 133.7% in the second quarter. Y.D. More Investments Ltd now owns 1,596 shares of the company’s stock valued at $78,000 after purchasing an additional 913 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.99 on Friday. The firm has a 50-day simple moving average of $50.00 and a two-hundred day simple moving average of $49.63. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.32 and a fifty-two week high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be given a dividend of $0.17 per share. The ex-dividend date is Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.