Bigelow Investment Advisors LLC Boosts Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Bigelow Investment Advisors LLC grew its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,928 shares of the company’s stock after purchasing an additional 2,037 shares during the quarter. Bigelow Investment Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,494,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Bessemer Group Inc. acquired a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter valued at $57,000. Sunbelt Securities Inc. acquired a new stake in First Trust Low Duration Opportunities ETF in the 1st quarter valued at $73,000. Harbor Investment Advisory LLC grew its stake in First Trust Low Duration Opportunities ETF by 23.0% in the 3rd quarter. Harbor Investment Advisory LLC now owns 1,710 shares of the company’s stock valued at $81,000 after acquiring an additional 320 shares during the period. Ameritas Investment Partners Inc. acquired a new stake in First Trust Low Duration Opportunities ETF during the 1st quarter worth $97,000. Finally, CWM LLC boosted its stake in First Trust Low Duration Opportunities ETF by 26.2% during the 3rd quarter. CWM LLC now owns 3,979 shares of the company’s stock worth $188,000 after purchasing an additional 826 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.0 %

LMBS traded down $0.02 on Friday, hitting $47.71. 218,188 shares of the company’s stock were exchanged, compared to its average volume of 527,909. First Trust Low Duration Opportunities ETF has a fifty-two week low of $46.58 and a fifty-two week high of $48.55. The firm has a 50-day moving average price of $48.09 and a 200-day moving average price of $47.83.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.175 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $2.10 annualized dividend and a yield of 4.40%.

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.