8,266 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Acquired by &Partners

&Partners purchased a new position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the first quarter, HoldingsChannel.com reports. The firm purchased 8,266 shares of the company’s stock, valued at approximately $399,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LMBS. Y.D. More Investments Ltd purchased a new position in First Trust Low Duration Opportunities ETF in the 4th quarter worth approximately $27,000. Scarborough Advisors LLC purchased a new position in First Trust Low Duration Opportunities ETF in the 4th quarter worth approximately $64,000. Harbor Investment Advisory LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 26.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 2,155 shares of the company’s stock worth $104,000 after acquiring an additional 445 shares during the period. Benjamin Edwards Inc. boosted its holdings in First Trust Low Duration Opportunities ETF by 1,405.7% in the 4th quarter. Benjamin Edwards Inc. now owns 3,719 shares of the company’s stock worth $180,000 after acquiring an additional 3,472 shares during the period. Finally, CWM LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 17.1% in the 4th quarter. CWM LLC now owns 4,658 shares of the company’s stock worth $225,000 after acquiring an additional 679 shares during the period.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

NASDAQ LMBS traded up $0.01 on Friday, reaching $48.38. The company had a trading volume of 334,986 shares, compared to its average volume of 451,802. First Trust Low Duration Opportunities ETF has a 1 year low of $46.58 and a 1 year high of $48.55. The firm has a 50-day moving average of $47.98 and a 200-day moving average of $48.11.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 22nd were paid a dividend of $0.175 per share. This represents a $2.10 annualized dividend and a dividend yield of 4.34%. The ex-dividend date of this dividend was Tuesday, May 21st.

About First Trust Low Duration Opportunities ETF

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.