Atwood & Palmer Inc. Acquires 27,025 Shares of First Trust Low Duration Opportunities ETF $LMBS

Atwood & Palmer Inc. acquired a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,025 shares of the company’s stock, valued at approximately $1,310,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Whittier Trust Co. of Nevada Inc. acquired a new position in First Trust Low Duration Opportunities ETF during the 1st quarter worth about $35,000. Motiv8 Investments LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at about $56,000. NI Acquisitions Company LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter worth about $67,000. Noble Wealth Management PBC bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter worth about $113,000. Finally, Financial Network Wealth Advisors LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 368.2% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 2,706 shares of the company’s stock worth $135,000 after acquiring an additional 2,128 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock traded up $0.16 during trading on Thursday, hitting $48.65. The company had a trading volume of 1,233,521 shares, compared to its average volume of 570,635. The business has a 50-day moving average of $49.28 and a 200-day moving average of $49.62. First Trust Low Duration Opportunities ETF has a one year low of $47.60 and a one year high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a $0.17 dividend. The ex-dividend date was Thursday, September 24th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.2%.

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.