Clifford Swan Investment Counsel LLC Purchases 20,642 Shares of First Trust Low Duration Opportunities ETF $LMBS

Clifford Swan Investment Counsel LLC lifted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 326,769 shares of the company’s stock after purchasing an additional 20,642 shares during the period. Clifford Swan Investment Counsel LLC owned 0.29% of First Trust Low Duration Opportunities ETF worth $16,270,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in LMBS. Avestar Capital LLC increased its stake in First Trust Low Duration Opportunities ETF by 1.2% in the 2nd quarter. Avestar Capital LLC now owns 18,040 shares of the company’s stock valued at $889,000 after buying an additional 208 shares during the last quarter. Iams Wealth Management LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 0.6% in the third quarter. Iams Wealth Management LLC now owns 37,073 shares of the company’s stock valued at $1,846,000 after acquiring an additional 212 shares in the last quarter. Condor Capital Management increased its position in shares of First Trust Low Duration Opportunities ETF by 0.4% during the third quarter. Condor Capital Management now owns 50,896 shares of the company’s stock valued at $2,534,000 after acquiring an additional 228 shares during the last quarter. Lion Street Advisors LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 5.7% during the third quarter. Lion Street Advisors LLC now owns 4,398 shares of the company’s stock worth $222,000 after acquiring an additional 236 shares during the period. Finally, TrueWealth Advisors LLC boosted its position in First Trust Low Duration Opportunities ETF by 5.4% in the third quarter. TrueWealth Advisors LLC now owns 5,588 shares of the company’s stock worth $278,000 after purchasing an additional 286 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.1%

Shares of First Trust Low Duration Opportunities ETF stock opened at $50.36 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $48.37 and a 1 year high of $51.98. The stock has a fifty day moving average price of $50.16 and a 200-day moving average price of $49.97.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be given a $0.17 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) annualized dividend and a yield of 4.1%.

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.