Atwood & Palmer Inc. Purchases 40,299 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Atwood & Palmer Inc. raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 14.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 310,145 shares of the company’s stock after acquiring an additional 40,299 shares during the period. Atwood & Palmer Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $15,247,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in LMBS. Principal Securities Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 26.2% during the 4th quarter. Principal Securities Inc. now owns 18,690 shares of the company’s stock valued at $910,000 after acquiring an additional 3,875 shares in the last quarter. US Bancorp DE grew its stake in shares of First Trust Low Duration Opportunities ETF by 66.9% in the fourth quarter. US Bancorp DE now owns 6,177 shares of the company’s stock worth $301,000 after purchasing an additional 2,476 shares during the last quarter. Arbor Capital Management Inc. ADV increased its stake in shares of First Trust Low Duration Opportunities ETF by 32.5% in the fourth quarter. Arbor Capital Management Inc. ADV now owns 8,162 shares of the company’s stock valued at $397,000 after buying an additional 2,003 shares during the period. Core Wealth Partners LLC raised its holdings in First Trust Low Duration Opportunities ETF by 6.8% during the 4th quarter. Core Wealth Partners LLC now owns 25,773 shares of the company’s stock worth $1,254,000 after purchasing an additional 1,645 shares during the last quarter. Finally, Tyler Stone Wealth Management boosted its stake in shares of First Trust Low Duration Opportunities ETF by 31.4% in the 4th quarter. Tyler Stone Wealth Management now owns 21,251 shares of the company’s stock valued at $1,034,000 after purchasing an additional 5,082 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

LMBS stock opened at $48.89 on Tuesday. The stock has a 50-day moving average price of $48.88 and a 200-day moving average price of $48.85. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st were given a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a dividend yield of 4.17%. The ex-dividend date was Wednesday, May 21st.

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.