Capital CS Group LLC Increases Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Capital CS Group LLC lifted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,085 shares of the company’s stock after purchasing an additional 469 shares during the period. Capital CS Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $393,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Beacon Financial Advisory LLC grew its position in First Trust Low Duration Opportunities ETF by 12.2% during the third quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock valued at $343,000 after acquiring an additional 754 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in First Trust Low Duration Opportunities ETF by 3.5% during the second quarter. Oppenheimer & Co. Inc. now owns 45,426 shares of the company’s stock valued at $2,183,000 after acquiring an additional 1,524 shares during the last quarter. Ameritas Investment Partners Inc. grew its position in First Trust Low Duration Opportunities ETF by 9.0% during the second quarter. Ameritas Investment Partners Inc. now owns 137,894 shares of the company’s stock valued at $6,626,000 after acquiring an additional 11,362 shares during the last quarter. TFB Advisors LLC grew its position in First Trust Low Duration Opportunities ETF by 13.8% during the third quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock valued at $657,000 after acquiring an additional 1,613 shares during the last quarter. Finally, AE Wealth Management LLC grew its position in First Trust Low Duration Opportunities ETF by 5.0% during the second quarter. AE Wealth Management LLC now owns 281,809 shares of the company’s stock valued at $13,541,000 after acquiring an additional 13,378 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

Shares of NASDAQ LMBS opened at $48.39 on Tuesday. The firm’s 50 day simple moving average is $48.72 and its two-hundred day simple moving average is $48.86. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date was Friday, December 13th.

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.