Atwood & Palmer Inc. Purchases 14,220 Shares of First Trust Low Duration Opportunities ETF $LMBS

Atwood & Palmer Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 85.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 30,825 shares of the company’s stock after acquiring an additional 14,220 shares during the period. Atwood & Palmer Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $1,541,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Betterment LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 11.4% during the 2nd quarter. Betterment LLC now owns 6,674 shares of the company’s stock valued at $329,000 after purchasing an additional 681 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the 2nd quarter worth approximately $8,409,000. Raymond James Financial Inc. increased its holdings in First Trust Low Duration Opportunities ETF by 5.4% in the 2nd quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock worth $177,115,000 after acquiring an additional 185,249 shares in the last quarter. Jane Street Group LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the 2nd quarter worth approximately $890,000. Finally, Bank of America Corp DE increased its holdings in First Trust Low Duration Opportunities ETF by 18.0% in the 2nd quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock worth $80,319,000 after acquiring an additional 248,784 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.1%

Shares of LMBS opened at $49.93 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $48.45 and a 1 year high of $51.98. The company has a 50 day simple moving average of $50.09 and a two-hundred day simple moving average of $50.06.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st will be issued a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, April 21st.

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.