D.A. Davidson & CO. Acquires 39,619 Shares of First Trust Low Duration Opportunities ETF $LMBS

D.A. Davidson & CO. increased its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree 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

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, June 25th.

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.

Further Reading

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)

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