Ifrah Financial Services Inc. Acquires 541 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Ifrah Financial Services Inc. boosted its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 36,475 shares of the company’s stock after acquiring an additional 541 shares during the quarter. Ifrah Financial Services Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $1,775,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Farmers & Merchants Investments Inc. purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 4th quarter worth approximately $47,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter worth approximately $76,000. Prospera Private Wealth LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter worth approximately $79,000. Harbor Investment Advisory LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 20.1% in the 4th quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock worth $134,000 after buying an additional 459 shares during the last quarter. Finally, Proactive Wealth Strategies LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter worth approximately $203,000.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ LMBS opened at $48.87 on Monday. The stock’s 50 day moving average price is $48.67 and its 200-day moving average price is $48.90. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were issued a $0.17 dividend. The ex-dividend date was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.17%.

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.