Grove Bank & Trust boosted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 6.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 232,966 shares of the company’s stock after acquiring an additional 13,552 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for 1.1% of Grove Bank & Trust’s holdings, making the stock its 26th largest position. Grove Bank & Trust owned approximately 0.18% of First Trust Low Duration Opportunities ETF worth $11,290,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also modified their holdings of the company. Certified Advisory Corp boosted its position in First Trust Low Duration Opportunities ETF by 3.2% during the first quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock worth $321,000 after purchasing an additional 200 shares in the last quarter. Helium Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 1.0% during the first quarter. Helium Advisors LLC now owns 20,861 shares of the company’s stock worth $1,039,000 after buying an additional 210 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in First Trust Low Duration Opportunities ETF by 0.7% in the 1st quarter. Sanctuary Advisors LLC now owns 47,689 shares of the company’s stock valued at $2,375,000 after acquiring an additional 318 shares during the last quarter. Pinnacle Bancorp Inc. increased its holdings in shares of First Trust Low Duration Opportunities ETF by 9.3% in the first quarter. Pinnacle Bancorp Inc. now owns 4,100 shares of the company’s stock valued at $204,000 after purchasing an additional 350 shares during the last quarter. Finally, True Blue Financial LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 1.2% in the 1st quarter. True Blue Financial LLC now owns 30,141 shares of the company’s stock worth $1,501,000 after acquiring an additional 357 shares during the last quarter.
First Trust Low Duration Opportunities ETF Stock Performance
NASDAQ:LMBS traded up $0.16 on Thursday, hitting $48.65. The stock had a trading volume of 1,233,521 shares, compared to its average volume of 570,635. The company has a fifty day moving average price of $49.28 and a two-hundred day moving average price of $49.62. First Trust Low Duration Opportunities ETF has a 1-year low of $47.60 and a 1-year high of $51.98.
First Trust Low Duration Opportunities ETF Announces Dividend
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.
Featured Articles
- Five stocks we like better than First Trust Low Duration Opportunities ETF
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
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.
