First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Purchased by Bigelow Investment Advisors LLC

Bigelow Investment Advisors LLC boosted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 11.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 41,013 shares of the company’s stock after purchasing an additional 4,108 shares during the period. First Trust Low Duration Opportunities ETF accounts for 0.9% of Bigelow Investment Advisors LLC’s investment portfolio, making the stock its 27th biggest holding. Bigelow Investment Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,996,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. purchased a new position in First Trust Low Duration Opportunities ETF during 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 during the 3rd quarter valued at $76,000. Prospera Private Wealth LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $79,000. Kestra Investment Management LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 4th quarter valued at $127,000. Finally, Harbor Investment Advisory LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 20.1% during the 4th quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock valued at $134,000 after acquiring an additional 459 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $48.83 on Wednesday. The company’s fifty day simple moving average is $48.66 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 paid a $0.17 dividend. This represents a $2.04 annualized dividend and a dividend yield of 4.18%. The ex-dividend date was Wednesday, January 22nd.

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.