Creative Financial Designs Inc. ADV Increases Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Creative Financial Designs Inc. ADV increased its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,393 shares of the company’s stock after acquiring an additional 1,109 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in First Trust Low Duration Opportunities ETF were worth $555,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in LMBS. Raymond James Financial Inc. purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 4th quarter valued at about $149,264,000. LPL Financial LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 12.2% in the 3rd 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 in the last quarter. Fairvoy Private Wealth LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 4th quarter valued at about $11,777,000. Atria Investments Inc increased its holdings in shares of First Trust Low Duration Opportunities ETF by 801.6% in the 4th quarter. Atria Investments Inc now owns 270,059 shares of the company’s stock valued at $13,144,000 after purchasing an additional 240,106 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 94.9% in the 4th quarter. Private Advisor Group LLC now owns 454,078 shares of the company’s stock valued at $22,100,000 after purchasing an additional 221,157 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.0 %

Shares of LMBS opened at $49.12 on Wednesday. The company has a 50-day simple moving average of $48.82 and a 200-day simple moving average of $48.91. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49.

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 issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.04 annualized dividend and a yield of 4.15%.

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.