Patriot Financial Group Insurance Agency LLC Purchases New Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,473 shares of the company’s stock, valued at approximately $313,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LMBS. Bessemer Group Inc. purchased a new position in First Trust Low Duration Opportunities ETF during the 4th quarter valued at $57,000. DHJJ Financial Advisors Ltd. purchased a new position in First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $70,000. Sunbelt Securities Inc. purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the 1st quarter worth about $73,000. Intrepid Capital Management Inc. purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter worth about $79,000. Finally, Harbor Investment Advisory LLC grew its position in shares of 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 worth $81,000 after buying an additional 320 shares during the period.

First Trust Low Duration Opportunities ETF Stock Down 0.1 %

NASDAQ:LMBS opened at $48.25 on Monday. The firm’s 50-day moving average price is $48.19 and its 200-day moving average price is $47.78. First Trust Low Duration Opportunities ETF has a 1-year low of $46.58 and a 1-year high of $48.55.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a $0.175 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date was Thursday, March 21st.

About First Trust Low Duration Opportunities ETF

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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