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Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
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Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
NASDAQ:LMBS

First Trust Low Duration Opportunities ETF (LMBS) Price, Holdings, & News

$48.32
+0.05 (+0.10%)
(As of 03/27/2024 ET)
Today's Range
$48.20
$48.33
50-Day Range
$47.95
$48.44
52-Week Range
$46.58
$48.55
Volume
937,066 shs
Average Volume
495,571 shs
Market Capitalization
$3.98 billion
Assets Under Management
$3.97 billion
Dividend Yield
4.53%
Net Expense Ratio
0.66%
LMBS stock logo

About First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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.

LMBS Stock Price History

LMBS ETF News Headlines

Crypto Market Preps For Trillions Worth of Inflows!
Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
2 ETFs Under $50 to Buy and Hold in 2023
See More Headlines
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Fund Details

Issuer
First Trust
Fund Name
First Trust Low Duration Opportunities ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:LMBS
Inception Date
11/4/2014
Fund Manager
James Snyder, Jeremiah Charles
Web
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
U.S. Government
Focus
Agency MBS
Development Level
Developed Markets
Region
North America
Number of Holdings
1012

Fund Statistics

Assets Under Management
$3.97 billion
Average Daily Volume
$389,803.20
Discount/Premium
0.06%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
First Trust Advisors L.P.
Custodian
The Bank of New York Mellon Corporation
Distributor
First Trust Portfolios L.P.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
GTS

Options

Optionable
N/A
Short Interest
83,100 shs

Miscellaneous

Beta
0.05
Creation Unit
50,000
Creation Fee
$500.00
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First Trust Low Duration Opportunities ETF Expenses

TypeLMBSAgency MBS ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.65%0.21%0.32%0.48%0.51%
Other Expenses0.01%0.01%0.26%0.32%0.58%
Total Expense0.66%0.22%0.39%0.57%0.70%
Fee Waiver0.00%-0.03%-0.24%-0.20%-0.56%
Net Expense0.66%0.20%0.34%0.54%0.58%

First Trust Low Duration Opportunities ETF (LMBS) Holdings & Exposure

Top 10 LMBS Holdings

  • Federal National Mortgage Association 4.3913%
    Holding Weight: 4.01%
  • Federal National Mortgage Association 5.3913%
    Holding Weight: 3.31%
  • Federal National Mortgage Association 5.5%
    Holding Weight: 2.99%
  • Federal National Mortgage Association 5.5%
    Holding Weight: 2.96%
  • Fnma Pass-Thru I
    Holding Weight: 2.81%
  • Federal National Mortgage Association
    Holding Weight: 2.41%
  • Fnma Pass-Thru I
    Holding Weight: 2.41%
  • United States Treasury Bills
    Holding Weight: 2.12%
  • Morgan Stanley Instl Lqudty Trs Instl
    Holding Weight: 2.11%
  • United States Treasury Notes 2.5%
    Holding Weight: 1.85%

LMBS Geographic Exposure

LMBS Currency Exposure


LMBS ETF - Frequently Asked Questions

How have LMBS shares performed in 2024?

First Trust Low Duration Opportunities ETF's stock was trading at $48.32 at the start of the year. Since then, LMBS shares have increased by 0.0% and is now trading at $48.32.
View the best growth stocks for 2024 here
.

Are investors shorting First Trust Low Duration Opportunities ETF?

First Trust Low Duration Opportunities ETF saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 22,100 shares, a decrease of 73.4% from the February 29th total of 83,100 shares. Based on an average daily volume of 480,700 shares, the short-interest ratio is presently 0.0 days.
View First Trust Low Duration Opportunities ETF's Short Interest
.

How often does First Trust Low Duration Opportunities ETF pay dividends? What is the dividend yield for First Trust Low Duration Opportunities ETF?

First Trust Low Duration Opportunities ETF announced a monthly dividend on Wednesday, March 20th. Shareholders of record on Friday, March 22nd will be paid a dividend of $0.175 per share on Thursday, March 28th. This represents a $2.10 annualized dividend and a dividend yield of 4.35%. The ex-dividend date is Thursday, March 21st.
Read our dividend analysis for LMBS
.

What does LMBS invest in?

First Trust Low Duration Opportunities ETF is a fixed income fund issued by First Trust. LMBS focuses on agency mbs investments. The fund's investments total to approximately $3.97 billion assets under management.

What is the management fee for First Trust Low Duration Opportunities ETF?

First Trust Low Duration Opportunities ETF's management fee is 0.65% and has other expenses of 0.01%. The net expense ratio for LMBS is 0.66%.

What other stocks do shareholders of First Trust Low Duration Opportunities ETF own?
Who are First Trust Low Duration Opportunities ETF's major shareholders?

First Trust Low Duration Opportunities ETF's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wells Fargo & Company MN (5.35%), UBS Group AG (4.25%), Royal Bank of Canada (2.87%), Raymond James Financial Services Advisors Inc. (2.56%), Envestnet Asset Management Inc. (1.69%) and International Assets Investment Management LLC (1.54%).

How do I buy shares of First Trust Low Duration Opportunities ETF?

Shares of LMBS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LMBS) was last updated on 3/28/2024 by MarketBeat.com Staff

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