Cerity Partners LLC Boosts Holdings in First Trust Low Duration Opportunities ETF $LMBS

Cerity Partners LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 431,911 shares of the company’s stock after acquiring an additional 24,782 shares during the period. Cerity Partners LLC owned about 0.39% of First Trust Low Duration Opportunities ETF worth $21,505,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Avestar Capital LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 1.2% during the 2nd quarter. Avestar Capital LLC now owns 18,040 shares of the company’s stock worth $889,000 after purchasing an additional 208 shares during the last quarter. Iams Wealth Management LLC grew its holdings in First Trust Low Duration Opportunities ETF by 0.6% during the 3rd quarter. Iams Wealth Management LLC now owns 37,073 shares of the company’s stock valued at $1,846,000 after buying an additional 212 shares during the last quarter. TrueWealth Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 5.4% during the third quarter. TrueWealth Advisors LLC now owns 5,588 shares of the company’s stock worth $278,000 after buying an additional 286 shares in the last quarter. VestGen Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 0.5% during the second quarter. VestGen Advisors LLC now owns 60,981 shares of the company’s stock worth $3,004,000 after buying an additional 287 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 1.1% in the second quarter. Chicago Partners Investment Group LLC now owns 29,114 shares of the company’s stock worth $1,431,000 after acquiring an additional 310 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ:LMBS opened at $50.18 on Friday. First Trust Low Duration Opportunities ETF has a 52-week low of $48.32 and a 52-week high of $50.25. The stock’s fifty day simple moving average is $50.00 and its 200-day simple moving average is $49.74.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a dividend of $0.17 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, December 12th.

First Trust Low Duration Opportunities ETF Profile

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.