17,215 Shares in First Trust Low Duration Opportunities ETF $LMBS Purchased by Embree Financial Group

Embree Financial Group acquired a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 17,215 shares of the company’s stock, valued at approximately $861,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LMBS. Palisade Asset Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter valued at approximately $26,000. CX Institutional purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC acquired a new position in First Trust Low Duration Opportunities ETF during the third quarter worth $29,000. Hollencrest Capital Management acquired a new position in First Trust Low Duration Opportunities ETF during the second quarter worth $31,000. Finally, Hazlett Burt & Watson Inc. raised its position in First Trust Low Duration Opportunities ETF by 160.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $32,000 after acquiring an additional 400 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

First Trust Low Duration Opportunities ETF stock opened at $49.55 on Monday. First Trust Low Duration Opportunities ETF has a one year low of $48.37 and a one year high of $51.98. The business has a fifty day moving average of $50.16 and a two-hundred day moving average of $50.05.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 26th will be paid a $0.17 dividend. The ex-dividend date is Thursday, March 26th. This represents a c) annualized dividend and a dividend yield of 4.1%.

About First Trust Low Duration Opportunities ETF

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.