Prospera Financial Services Inc Has $21.73 Million Stock Position in First Trust Low Duration Opportunities ETF $LMBS

Prospera Financial Services Inc decreased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 434,569 shares of the company’s stock after selling 16,309 shares during the quarter. Prospera Financial Services Inc owned approximately 0.37% of First Trust Low Duration Opportunities ETF worth $21,734,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Condor Capital Management increased its stake in shares of First Trust Low Duration Opportunities ETF by 2.7% during the 4th quarter. Condor Capital Management now owns 52,257 shares of the company’s stock worth $2,612,000 after purchasing an additional 1,361 shares during the last quarter. Insight Inv LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 23.8% during the 4th quarter. Insight Inv LLC now owns 47,232 shares of the company’s stock worth $2,361,000 after purchasing an additional 9,065 shares during the last quarter. Axxcess Wealth Management LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 1,602.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 415,932 shares of the company’s stock worth $20,792,000 after purchasing an additional 391,503 shares during the last quarter. Commonwealth Financial Services LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 4th quarter worth $202,000. Finally, Global Retirement Partners LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 2.8% during the 4th quarter. Global Retirement Partners LLC now owns 16,347 shares of the company’s stock worth $817,000 after purchasing an additional 444 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

NASDAQ:LMBS opened at $49.66 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98. The firm’s fifty day simple moving average is $49.92 and its 200 day simple moving average is $50.04.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be paid a $0.17 dividend. The ex-dividend date is Thursday, May 21st. This represents a c) dividend on an annualized basis 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.

See Also

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)

Receive News & Ratings for First Trust Low Duration Opportunities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Low Duration Opportunities ETF and related companies with MarketBeat.com's FREE daily email newsletter.