First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) is AIFG Consultants Ltd.’s 8th Largest Position

AIFG Consultants Ltd. raised its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 57.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 48,129 shares of the company’s stock after purchasing an additional 17,497 shares during the period. First Trust Low Duration Opportunities ETF comprises approximately 3.8% of AIFG Consultants Ltd.’s holdings, making the stock its 8th largest position. AIFG Consultants Ltd.’s holdings in First Trust Low Duration Opportunities ETF were worth $2,342,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of LMBS. LPL Financial LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 12.2% in the third quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after purchasing an additional 929,010 shares during the period. Fairvoy Private Wealth LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $11,777,000. Long Run Wealth Advisors LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at approximately $10,901,000. Financial Enhancement Group LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 87.4% in the third quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock valued at $21,258,000 after purchasing an additional 206,322 shares during the period. Finally, Foundations Investment Advisors LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 449.3% in the third quarter. Foundations Investment Advisors LLC now owns 243,998 shares of the company’s stock valued at $12,056,000 after purchasing an additional 199,575 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ:LMBS opened at $48.75 on Tuesday. The stock’s 50 day simple moving average is $48.69 and its 200-day simple moving average is $48.90. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were issued 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 was Wednesday, January 22nd.

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.