First Trust Low Duration Opportunities ETF $LMBS Holdings Boosted by Patten Group Inc.

Patten Group Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 41,085 shares of the company’s stock after acquiring an additional 1,711 shares during the period. Patten Group Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $2,024,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. SouthState Corp purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 1st quarter valued at $82,000. Rossby Financial LCC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 1st quarter valued at $87,000. Clarity Capital Partners LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 1st quarter valued at $203,000. Rathbones Group PLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 1st quarter valued at $209,000. Finally, Parallel Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 15.9% during the 2nd quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock valued at $213,000 after acquiring an additional 593 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $49.95 on Wednesday. The company’s fifty day simple moving average is $49.79 and its 200-day simple moving average is $49.30. First Trust Low Duration Opportunities ETF has a 12 month low of $48.32 and a 12 month high of $50.25.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 3rd will be issued a dividend of $0.17 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Monday, November 3rd.

About First Trust Low Duration Opportunities ETF

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.