Csenge Advisory Group boosted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 6.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 821,151 shares of the company’s stock after acquiring an additional 53,047 shares during the quarter. First Trust Low Duration Opportunities ETF makes up about 1.9% of Csenge Advisory Group’s holdings, making the stock its 8th largest position. Csenge Advisory Group’s holdings in First Trust Low Duration Opportunities ETF were worth $41,049,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in LMBS. Betterment LLC lifted its position in First Trust Low Duration Opportunities ETF by 11.4% in the second quarter. Betterment LLC now owns 6,674 shares of the company’s stock valued at $329,000 after purchasing an additional 681 shares during the period. Darwin Wealth Management LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the second quarter valued at about $8,409,000. Raymond James Financial Inc. increased its holdings in First Trust Low Duration Opportunities ETF by 5.4% in the second quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock valued at $177,115,000 after buying an additional 185,249 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter valued at approximately $890,000. Finally, Bank of America Corp DE lifted its position in shares of 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 valued at $80,319,000 after acquiring an additional 248,784 shares during the period.
First Trust Low Duration Opportunities ETF Price Performance
Shares of NASDAQ:LMBS opened at $49.71 on Tuesday. The business’s 50 day simple moving average is $49.96 and its 200-day simple moving average is $50.05. First Trust Low Duration Opportunities ETF has a 12 month low of $47.87 and a 12 month high of $51.98.
First Trust Low Duration Opportunities ETF Announces Dividend
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.
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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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