1,600 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Bought by Prospera Private Wealth LLC

Posted by Samantha Reynolds on Nov 22nd, 2024

Prospera Private Wealth LLC bought a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) during the third quarter, Holdings Channel reports. The institutional investor bought 1,600 shares of the company’s stock, valued at approximately $79,000.

A number of other institutional investors and hedge funds also recently modified their holdings of LMBS. Hershey Financial Advisers LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter valued at about $30,000. Hilltop National Bank bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter valued at approximately $42,000. Chris Bulman Inc acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth approximately $43,000. Triad Wealth Partners LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter worth approximately $44,000. Finally, GAMMA Investing LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at approximately $62,000.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of NASDAQ LMBS opened at $48.61 on Friday. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49. The business’s fifty day moving average price is $49.03 and its two-hundred day moving average price is $48.70.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be given a $0.17 dividend. The ex-dividend date is Thursday, November 21st. This represents a $2.04 annualized dividend and a yield of 4.20%.

First Trust Low Duration Opportunities ETF 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.