Cambridge Investment Research Advisors Inc. increased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 555,539 shares of the company’s stock after buying an additional 19,289 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $27,771,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in LMBS. Elevation Point Wealth Partners LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at about $22,376,000. Concurrent Investment Advisors LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 46.4% during the 4th quarter. Concurrent Investment Advisors LLC now owns 1,207,824 shares of the company’s stock valued at $60,379,000 after acquiring an additional 382,941 shares during the last quarter. Assetmark Inc. increased its position in First Trust Low Duration Opportunities ETF by 105.2% during the 4th quarter. Assetmark Inc. now owns 610,372 shares of the company’s stock worth $30,512,000 after purchasing an additional 312,850 shares in the last quarter. Bank of America Corp DE increased its position in First Trust Low Duration Opportunities ETF by 18.0% during the 2nd 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 in the last quarter. Finally, Vestmark Advisory Solutions Inc. increased its position in First Trust Low Duration Opportunities ETF by 66.7% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 605,360 shares of the company’s stock worth $30,141,000 after purchasing an additional 242,154 shares in the last quarter.
First Trust Low Duration Opportunities ETF Price Performance
LMBS opened at $49.71 on Tuesday. The firm has a 50 day moving average price of $49.96 and a 200 day moving average price of $50.05. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98.
First Trust Low Duration Opportunities ETF Dividend Announcement
First Trust Low Duration Opportunities ETF 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.
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