8,854 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Purchased by Winebrenner Capital Management LLC

Winebrenner Capital Management LLC bought a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,854 shares of the company’s stock, valued at approximately $431,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of LMBS. LPL Financial LLC lifted its stake in 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 last quarter. Concurrent Investment Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 7.0% in the third quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock worth $37,209,000 after buying an additional 48,939 shares during the last quarter. Prospera Financial Services Inc raised its stake in shares of First Trust Low Duration Opportunities ETF by 32.3% in the third quarter. Prospera Financial Services Inc now owns 456,916 shares of the company’s stock valued at $22,586,000 after buying an additional 111,451 shares during the period. Private Advisor Group LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 94.9% during the 4th quarter. Private Advisor Group LLC now owns 454,078 shares of the company’s stock valued at $22,100,000 after buying an additional 221,157 shares during the last quarter. Finally, Financial Enhancement Group LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 87.4% during the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock worth $21,258,000 after acquiring an additional 206,322 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS opened at $48.84 on Friday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49. The business has a 50-day moving average of $48.65 and a 200 day moving average of $48.90.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be given a $0.17 dividend. This represents a $2.04 annualized dividend and a dividend yield of 4.18%. The ex-dividend date of this dividend is Friday, February 21st.

First Trust Low Duration Opportunities ETF Company 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.