First Trust Low Duration Opportunities ETF $LMBS Shares Bought by RiverTree Advisors LLC

RiverTree Advisors LLC increased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 39.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 144,149 shares of the company’s stock after purchasing an additional 40,894 shares during the period. First Trust Low Duration Opportunities ETF makes up about 4.6% of RiverTree Advisors LLC’s portfolio, making the stock its 6th biggest holding. RiverTree Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $7,177,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in First Trust Low Duration Opportunities ETF by 18.0% during the second quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock worth $80,319,000 after purchasing an additional 248,784 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 5.4% during the 2nd quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock worth $177,115,000 after buying an additional 185,249 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its position in shares of First Trust Low Duration Opportunities ETF by 104.0% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 363,206 shares of the company’s stock worth $17,892,000 after buying an additional 185,184 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 139.4% in the second quarter. Geneos Wealth Management Inc. now owns 305,634 shares of the company’s stock valued at $15,056,000 after buying an additional 177,987 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 26.0% in the second quarter. Osaic Holdings Inc. now owns 850,960 shares of the company’s stock valued at $41,928,000 after buying an additional 175,338 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $50.17 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $48.37 and a 12 month high of $51.98. The stock has a 50-day moving average price of $50.05 and a two-hundred day moving average price of $49.84.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were paid a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) annualized dividend and a yield of 4.1%.

First Trust Low Duration Opportunities ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding LMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report).

Institutional Ownership by Quarter for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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