First Trust Low Duration Opportunities ETF $LMBS Holdings Increased by Prism Advisors Inc.

Prism Advisors Inc. grew its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 8.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 344,206 shares of the company’s stock after acquiring an additional 27,635 shares during the period. First Trust Low Duration Opportunities ETF comprises 4.2% of Prism Advisors Inc.’s portfolio, making the stock its 6th largest holding. Prism Advisors Inc. owned 0.26% of First Trust Low Duration Opportunities ETF worth $16,746,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in LMBS. Rockefeller Capital Management L.P. boosted its holdings in First Trust Low Duration Opportunities ETF by 23.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 314,039 shares of the company’s stock valued at $15,699,000 after purchasing an additional 59,371 shares in the last quarter. Centennial Wealth Advisory LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 90.4% during the 1st quarter. Centennial Wealth Advisory LLC now owns 250,985 shares of the company’s stock worth $12,502,000 after buying an additional 119,195 shares in the last quarter. Compass Financial Management LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth approximately $4,397,000. Citadel Advisors LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter valued at approximately $6,829,000. Finally, Independent Wealth Network Inc. acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 1st quarter valued at approximately $2,285,000.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $48.68 on Friday. The stock’s 50 day moving average price is $49.24 and its 200 day moving average price is $49.61. 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 Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.17 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $2.04 dividend on an annualized basis and a yield of 4.2%.

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.

Further Reading

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Institutional Ownership by Quarter for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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