Envestnet Portfolio Solutions Inc. Buys 11,321 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Envestnet Portfolio Solutions Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 185,204 shares of the company’s stock after acquiring an additional 11,321 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.19% of First Trust Low Duration Opportunities ETF worth $9,014,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of LMBS. OneDigital Investment Advisors LLC lifted its stake in First Trust Low Duration Opportunities ETF by 40.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 22,985 shares of the company’s stock valued at $1,136,000 after acquiring an additional 6,612 shares in the last quarter. Holistic Financial Partners raised its stake in shares of First Trust Low Duration Opportunities ETF by 2.9% during the 3rd quarter. Holistic Financial Partners now owns 14,921 shares of the company’s stock worth $737,000 after purchasing an additional 419 shares during the period. Prospera Financial Services Inc raised its stake in shares of First Trust Low Duration Opportunities ETF by 32.3% during the 3rd quarter. Prospera Financial Services Inc now owns 456,916 shares of the company’s stock worth $22,586,000 after purchasing an additional 111,451 shares during the period. Prospera Private Wealth LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter worth $79,000. Finally, Cypress Capital Group raised its stake in shares of First Trust Low Duration Opportunities ETF by 7.7% during the 3rd quarter. Cypress Capital Group now owns 26,901 shares of the company’s stock worth $1,329,000 after purchasing an additional 1,925 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.1 %

NASDAQ LMBS opened at $49.11 on Tuesday. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49. The business’s fifty day moving average is $48.80 and its 200-day moving average is $48.91.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date was 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.