D.A. Davidson & CO. increased its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 28.7% during the first quarter, HoldingsChannel reports. The fund owned 177,725 shares of the company’s stock after acquiring an additional 39,619 shares during the quarter. D.A. Davidson & CO.’s holdings in First Trust Low Duration Opportunities ETF were worth $8,852,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Center For Asset Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $1,555,000. Embree Financial Group bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 4th quarter valued at approximately $861,000. Secure Asset Management LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 4.9% during the fourth quarter. Secure Asset Management LLC now owns 252,620 shares of the company’s stock worth $12,628,000 after buying an additional 11,896 shares in the last quarter. Aaron Wealth Advisors LLC lifted its holdings in 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 First Trust Low Duration Opportunities ETF by 10.4% during the fourth quarter. Prism Advisors Inc. now owns 305,394 shares of the company’s stock worth $15,267,000 after acquiring an additional 28,886 shares in the last quarter.
First Trust Low Duration Opportunities ETF Stock Down 0.0%
LMBS opened at $49.78 on Friday. The firm’s fifty day moving average price is $49.77 and its two-hundred day moving average price is $49.98. 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 Company 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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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:LMBS – Free Report).
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