Bigelow Investment Advisors LLC Boosts Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Bigelow Investment Advisors LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 30,928 shares of the company’s stock after purchasing an additional 2,037 shares during the period. Bigelow Investment Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,494,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. AIFG Consultants Ltd. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 174.3% during the fourth quarter. AIFG Consultants Ltd. now owns 57,642 shares of the company’s stock worth $2,785,000 after buying an additional 36,625 shares in the last quarter. Western Wealth Management LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 22.3% during the fourth quarter. Western Wealth Management LLC now owns 15,531 shares of the company’s stock worth $750,000 after buying an additional 2,832 shares in the last quarter. Imprint Wealth LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 9.2% during the fourth quarter. Imprint Wealth LLC now owns 37,788 shares of the company’s stock worth $1,826,000 after buying an additional 3,174 shares in the last quarter. Capital Analysts LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 1.8% in the fourth quarter. Capital Analysts LLC now owns 39,007 shares of the company’s stock worth $1,885,000 after acquiring an additional 683 shares during the last quarter. Finally, Friedenthal Financial boosted its position in shares of First Trust Low Duration Opportunities ETF by 1.8% in the fourth quarter. Friedenthal Financial now owns 50,420 shares of the company’s stock worth $2,436,000 after acquiring an additional 874 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS traded down $0.02 during mid-day trading on Friday, hitting $47.71. The company had a trading volume of 218,188 shares, compared to its average volume of 527,909. The business’s 50-day simple moving average is $48.09 and its 200-day simple moving average is $47.83. First Trust Low Duration Opportunities ETF has a 1-year low of $46.58 and a 1-year high of $48.55.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a $0.175 dividend. The ex-dividend date was Thursday, March 21st. This represents a $2.10 annualized dividend and a dividend yield of 4.40%.

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.