First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Purchased by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 82,467 shares of the company’s stock after buying an additional 1,098 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in First Trust Low Duration Opportunities ETF were worth $4,014,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Beacon Financial Advisory LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 12.2% in the third quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock worth $343,000 after buying an additional 754 shares in the last quarter. Claro Advisors LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 2.9% in the 4th quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock valued at $431,000 after acquiring an additional 249 shares during the period. TFB Advisors LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 13.8% in the 3rd 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 period. Braun Bostich & Associates Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF by 10.8% in the 3rd quarter. Braun Bostich & Associates Inc. now owns 80,476 shares of the company’s stock valued at $3,976,000 after acquiring an additional 7,824 shares during the period. Finally, TL Private Wealth grew its holdings in shares of First Trust Low Duration Opportunities ETF by 0.9% in the third quarter. TL Private Wealth now owns 305,513 shares of the company’s stock valued at $14,943,000 after purchasing an additional 2,686 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS opened at $48.80 on Friday. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49. The company’s 50 day moving average is $48.70 and its two-hundred day moving average is $48.89.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend was Wednesday, January 22nd.

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.