First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255,336 shares of the company’s stock after purchasing an additional 24,982 shares during the period. Janney Montgomery Scott LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $12,616,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of LMBS. LPL Financial LLC increased its position in First Trust Low Duration Opportunities ETF by 7.8% during the second quarter. LPL Financial LLC now owns 7,631,699 shares of the company’s stock worth $366,703,000 after buying an additional 550,017 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in First Trust Low Duration Opportunities ETF by 0.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,011,574 shares of the company’s stock worth $96,656,000 after purchasing an additional 10,854 shares in the last quarter. Envestnet Asset Management Inc. increased its position in First Trust Low Duration Opportunities ETF by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 964,019 shares of the company’s stock worth $46,321,000 after purchasing an additional 15,450 shares in the last quarter. Cetera Investment Advisers raised its stake in First Trust Low Duration Opportunities ETF by 17.5% in the 2nd quarter. Cetera Investment Advisers now owns 940,225 shares of the company’s stock valued at $45,178,000 after purchasing an additional 140,132 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in First Trust Low Duration Opportunities ETF by 6.0% in the 3rd quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock valued at $40,014,000 after purchasing an additional 45,961 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.3 %

Shares of NASDAQ LMBS opened at $48.56 on Thursday. The company has a 50-day simple moving average of $49.14 and a 200-day simple moving average of $48.62. 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 Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd were issued a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $2.04 annualized dividend and a yield of 4.20%.

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.