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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:LMBS

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

$48.25
-0.07 (-0.14%)
(As of 03/28/2024 ET)
Today's Range
$48.22
$48.36
50-Day Range
$47.95
$48.44
52-Week Range
$46.58
$48.55
Volume
344,052 shs
Average Volume
493,086 shs
Market Capitalization
$3.97 billion
Assets Under Management
$3.98 billion
Dividend Yield
4.54%
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

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
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
$3.98 billion
Average Daily Volume
$413,597.30
Discount/Premium
0.07%

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
22,100 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 decreased by 0.1% and is now trading at $48.25.
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 decline in short interest during the month of March. As of March 15th, there was short interest totaling 22,100 shares, a decline of 73.4% from the February 29th total of 83,100 shares. Based on an average daily trading volume, of 480,700 shares, the days-to-cover 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. Investors of record on Friday, March 22nd will be given a dividend of $0.175 per share on Thursday, March 28th. This represents a $2.10 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date of this dividend 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 $3.98 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 a variety of institutional and retail investors. Top institutional investors 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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