Park National Corp OH Takes Position in First Trust Low Duration Opportunities ETF $LMBS

Park National Corp OH purchased a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,939 shares of the company’s stock, valued at approximately $595,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Center For Asset Management LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 4th quarter worth approximately $1,555,000. Secure Asset Management LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 4.9% in the fourth quarter. Secure Asset Management LLC now owns 252,620 shares of the company’s stock valued at $12,628,000 after buying an additional 11,896 shares in the last quarter. Embree Financial Group acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $861,000. Aaron Wealth Advisors LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 30.9% in the fourth quarter. Aaron Wealth Advisors LLC now owns 458,338 shares of the company’s stock valued at $22,912,000 after buying an additional 108,212 shares during the period. Finally, Prism Advisors Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 10.4% in the fourth quarter. Prism Advisors Inc. now owns 305,394 shares of the company’s stock valued at $15,267,000 after buying an additional 28,886 shares during the period.

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First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS opened at $49.85 on Monday. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98. The business’s 50 day simple moving average is $49.87 and its 200 day simple moving average is $50.01.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were given a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Thursday, May 21st.

About First Trust Low Duration Opportunities ETF

(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.

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