Titleist Asset Management LLC Buys Shares of 4,107 First Trust Low Duration Opportunities ETF $LMBS

Titleist Asset Management LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,107 shares of the company’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds have also made changes to their positions in LMBS. Creekmur Asset Management LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 497.2% during the 2nd 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. Barnes Dennig Private Wealth Management LLC acquired a new position in First Trust Low Duration Opportunities ETF during the second quarter worth $46,000. Y.D. More Investments Ltd grew its stake in shares of 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 buying an additional 913 shares in the last quarter. SouthState Corp purchased a new position in First Trust Low Duration Opportunities ETF during the 1st quarter valued at about $82,000. Finally, Daymark Wealth Partners LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the second quarter worth about $208,000.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS stock opened at $49.99 on Tuesday. The firm has a 50 day moving average of $49.95 and a two-hundred day moving average of $49.49. First Trust Low Duration Opportunities ETF has a 52 week low of $48.32 and a 52 week 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 Friday, November 28th. Shareholders of record on Friday, November 21st will be issued a dividend of $0.17 per share. The ex-dividend date is Friday, November 21st. This represents a c) annualized dividend and a yield of 4.1%.

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.