Diversify Advisory Services LLC Buys New Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Diversify Advisory Services LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 8,593 shares of the company’s stock, valued at approximately $413,000.

A number of other institutional investors also recently modified their holdings of LMBS. Y.D. More Investments Ltd acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter worth $27,000. Scarborough Advisors LLC acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter worth $64,000. Harbor Investment Advisory LLC raised its holdings in First Trust Low Duration Opportunities ETF by 26.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,155 shares of the company’s stock worth $104,000 after buying an additional 445 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 46.8% during the first quarter. Pinnacle Bancorp Inc. now owns 2,685 shares of the company’s stock worth $130,000 after buying an additional 856 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 1,405.7% during the fourth quarter. Benjamin Edwards Inc. now owns 3,719 shares of the company’s stock worth $180,000 after buying an additional 3,472 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS opened at $48.27 on Friday. The company’s fifty day moving average price is $48.08 and its two-hundred day moving average price is $48.12. 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 disclosed a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a dividend of $0.17 per share. The ex-dividend date was Thursday, June 27th. This represents a $2.04 annualized dividend and a yield of 4.23%.

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.

See Also

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

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