Atria Investments Inc Increases Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Atria Investments Inc increased its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 801.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 270,059 shares of the company’s stock after buying an additional 240,106 shares during the quarter. Atria Investments Inc’s holdings in First Trust Low Duration Opportunities ETF were worth $13,144,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. purchased a new stake in First Trust Low Duration Opportunities ETF in the fourth quarter valued at $47,000. Prospera Private Wealth LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the third quarter valued at $79,000. Riggs Asset Managment Co. Inc. raised its position 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 purchasing an additional 250 shares during the period. Synergy Investment Management LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the fourth quarter valued at $116,000. Finally, Kestra Investment Management LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the fourth quarter valued at $127,000.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ:LMBS opened at $49.05 on Thursday. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49. The stock’s fifty day moving average is $48.73 and its two-hundred day moving average is $48.90.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.04 dividend on an annualized basis and a yield of 4.16%.

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.