LPL Financial LLC Increases Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

LPL Financial LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 12.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,560,709 shares of the company’s stock after acquiring an additional 929,010 shares during the period. LPL Financial LLC owned 0.09% of First Trust Low Duration Opportunities ETF worth $422,985,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 1.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 15,777 shares of the company’s stock valued at $780,000 after buying an additional 246 shares in the last quarter. City Holding Co. increased its holdings in First Trust Low Duration Opportunities ETF by 0.7% during the 2nd quarter. City Holding Co. now owns 40,370 shares of the company’s stock worth $1,939,000 after purchasing an additional 300 shares during the period. Waterloo Capital L.P. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 6.5% in the second quarter. Waterloo Capital L.P. now owns 5,827 shares of the company’s stock valued at $280,000 after acquiring an additional 358 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of First Trust Low Duration Opportunities ETF by 1.3% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 29,468 shares of the company’s stock valued at $1,456,000 after purchasing an additional 386 shares in the last quarter. Finally, Holistic Financial Partners lifted its holdings in First Trust Low Duration Opportunities ETF by 2.9% during the third quarter. Holistic Financial Partners now owns 14,921 shares of the company’s stock worth $737,000 after buying an additional 419 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.0 %

LMBS opened at $48.77 on Thursday. The business’s 50-day moving average is $49.05 and its two-hundred day moving average is $48.70. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd were issued a $0.17 dividend. This represents a $2.04 annualized dividend and a yield of 4.18%. The ex-dividend date was Tuesday, October 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.