626 Financial LLC Boosts Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

626 Financial LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.1% during the fourth quarter, Holdings Channel reports. The fund owned 16,136 shares of the company’s stock after acquiring an additional 485 shares during the period. 626 Financial LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $785,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Hershey Financial Advisers LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter worth about $30,000. Riggs Asset Managment Co. Inc. acquired a new stake in First Trust Low Duration Opportunities ETF in the third quarter valued at about $76,000. Prospera Private Wealth LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the third quarter valued at about $79,000. Pinnacle Bancorp Inc. increased its holdings in First Trust Low Duration Opportunities ETF by 23.4% in the third quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock valued at $159,000 after buying an additional 611 shares in the last quarter. Finally, Proactive Wealth Strategies LLC purchased a new position in First Trust Low Duration Opportunities ETF in the third quarter valued at about $203,000.

First Trust Low Duration Opportunities ETF Stock Down 0.0 %

Shares of First Trust Low Duration Opportunities ETF stock opened at $48.37 on Wednesday. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49. The company has a 50-day moving average of $48.72 and a two-hundred day moving average of $48.86.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.17 dividend. The ex-dividend date was Friday, December 13th. This represents a $2.04 annualized dividend and a yield of 4.22%.

First Trust Low Duration Opportunities ETF 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.