NASDAQ:LMBS

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

$47.64
-0.04 (-0.08%)
(As of 04/24/2024 ET)
Today's Range
$47.59
$47.73
50-Day Range
$47.62
$48.36
52-Week Range
$46.58
$48.55
Volume
347,812 shs
Average Volume
520,439 shs
Market Capitalization
$3.97 billion
Assets Under Management
$3.98 billion
Dividend Yield
4.30%
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

First Trust Low Duration Opportunities ETF (LMBS)
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AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
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
1020

Fund Statistics

Assets Under Management
$3.98 billion
Average Daily Volume
$617,266.80
Discount/Premium
0.02%

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
81,000 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%0.27%0.34%0.58%
Total Expense0.66%0.22%0.40%0.58%0.70%
Fee Waiver0.00%-0.03%-0.24%-0.22%-0.57%
Net Expense0.66%0.20%0.35%0.54%0.58%

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

Top 10 LMBS Holdings

  • 2 Year Treasury Note Future June 24
    Holding Weight: 18.73%
  • Morgan Stanley Instl Lqudty Trs Instl
    Holding Weight: 8.59%
  • 5 Year Treasury Note Future June 24
    Holding Weight: 3.65%
  • Federal National Mortgage Association 3.5%
    Holding Weight: 2.72%
  • Federal National Mortgage Association 3%
    Holding Weight: 2.48%
  • United States Treasury Notes 4.625%
    Holding Weight: 2.22%
  • United States Treasury Notes 4.625%
    Holding Weight: 2.15%
  • Fnma Pass-Thru I 4%
    Holding Weight: 2.12%
  • Fnma Pass-Thru I 4%
    Holding Weight: 1.82%
  • United States Treasury Notes 2.5%
    Holding Weight: 1.59%

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 beginning of the year. Since then, LMBS shares have decreased by 1.4% and is now trading at $47.64.
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 increase in short interest in March. As of March 31st, there was short interest totaling 81,000 shares, an increase of 266.5% from the March 15th total of 22,100 shares. Based on an average daily trading volume, of 518,700 shares, the days-to-cover ratio is currently 0.2 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 declared a monthly dividend on Monday, April 22nd. Stockholders of record on Wednesday, April 24th will be paid a dividend of $0.175 per share on Tuesday, April 30th. This represents a $2.10 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date of this dividend is Tuesday, April 23rd.
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 number of retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (2.40%), Global Assets Advisory LLC (1.55%), Raymond James & Associates (0.91%), American Financial Advisors LLC (0.64%), Trilogy Capital Inc. (0.57%) and Searcy Financial Services Inc. ADV (0.46%).

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 4/24/2024 by MarketBeat.com Staff

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