16,126 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Bought by Brueske Advisory Services LLC

Brueske Advisory Services LLC bought a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,126 shares of the company’s stock, valued at approximately $785,000. First Trust Low Duration Opportunities ETF comprises approximately 0.7% of Brueske Advisory Services LLC’s investment portfolio, making the stock its 22nd biggest position.

Other large investors have also added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter worth $47,000. Prospera Private Wealth LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the third quarter valued at $79,000. Riggs Asset Managment Co. Inc. lifted its stake in First Trust Low Duration Opportunities ETF by 16.2% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock valued at $87,000 after acquiring an additional 250 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the fourth quarter valued at $127,000. Finally, Marshall Investment Management LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the fourth quarter valued at $131,000.

First Trust Low Duration Opportunities ETF Trading Up 0.0 %

Shares of LMBS stock opened at $49.02 on Thursday. The company has a fifty day moving average price of $48.67 and a two-hundred day moving average price of $48.90. 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 Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be paid a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date of this dividend is Friday, February 21st.

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.