Atria Investments Inc lifted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 49.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,953 shares of the company’s stock after purchasing an additional 9,866 shares during the period. Atria Investments Inc’s holdings in First Trust Low Duration Opportunities ETF were worth $1,480,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. LPL Financial LLC raised its position in shares of 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 purchasing an additional 550,017 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in First Trust Low Duration Opportunities ETF by 0.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,011,574 shares of the company’s stock valued at $96,656,000 after buying an additional 10,854 shares during the period. Envestnet Asset Management Inc. raised its position in First Trust Low Duration Opportunities ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 964,019 shares of the company’s stock valued at $46,321,000 after buying an additional 15,450 shares during the period. Cetera Investment Advisers raised its position in First Trust Low Duration Opportunities ETF by 17.5% during the second quarter. Cetera Investment Advisers now owns 940,225 shares of the company’s stock valued at $45,178,000 after buying an additional 140,132 shares during the period. Finally, Raymond James & Associates raised its position in First Trust Low Duration Opportunities ETF by 6.0% during the third quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock valued at $40,014,000 after buying an additional 45,961 shares during the period.
First Trust Low Duration Opportunities ETF Price Performance
NASDAQ:LMBS opened at $48.64 on Friday. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49. The business’s fifty day moving average price is $49.10 and its 200 day moving average price is $48.66.
First Trust Low Duration Opportunities ETF Dividend Announcement
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.
See Also
- Five stocks we like better than First Trust Low Duration Opportunities ETF
- CD Calculator: Certificate of Deposit Calculator
- How Whitestone REIT Is Transforming Sun Belt Retail Growth
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Top-Performing Non-Leveraged ETFs This Year
- What is a support level?
- Rivian’s Wild Ride: Is the Dip a Buying Opportunity?
Want to see what other hedge funds are holding LMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report).
Receive News & Ratings for First Trust Low Duration Opportunities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Low Duration Opportunities ETF and related companies with MarketBeat.com's FREE daily email newsletter.