First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Stock Position Raised by Prism Advisors Inc.

Prism Advisors Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 285,488 shares of the company’s stock after buying an additional 5,655 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 4.2% of Prism Advisors Inc.’s investment portfolio, making the stock its 9th largest holding. Prism Advisors Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $13,895,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Hershey Financial Advisers LLC bought a new stake in First Trust Low Duration Opportunities ETF in the second quarter valued at about $30,000. Riggs Asset Managment Co. Inc. acquired a new position in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter worth approximately $76,000. Prospera Private Wealth LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter valued at approximately $79,000. Harbor Investment Advisory LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 20.1% during the 4th quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock valued at $134,000 after acquiring an additional 459 shares in the last quarter. Finally, Pinnacle Bancorp Inc. lifted its stake in First Trust Low Duration Opportunities ETF by 23.4% during the third quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock worth $159,000 after purchasing an additional 611 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.0 %

LMBS stock opened at $48.54 on Monday. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49. The firm has a fifty day moving average price of $48.70 and a two-hundred day moving average price of $48.89.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date of this dividend is Wednesday, January 22nd.

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.