J.W. Cole Advisors Inc. Acquires 1,661 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

J.W. Cole Advisors Inc. lifted its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,409 shares of the company’s stock after purchasing an additional 1,661 shares during the period. J.W. Cole Advisors Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $860,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. City Holding Co. lifted its stake in First Trust Low Duration Opportunities ETF by 0.7% in the second quarter. City Holding Co. now owns 40,370 shares of the company’s stock worth $1,939,000 after purchasing an additional 300 shares during the last quarter. Waterloo Capital L.P. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 6.5% in the second quarter. Waterloo Capital L.P. now owns 5,827 shares of the company’s stock worth $280,000 after buying an additional 358 shares during the period. Richard W. Paul & Associates LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 1.8% during the 3rd quarter. Richard W. Paul & Associates LLC now owns 26,901 shares of the company’s stock worth $1,329,000 after acquiring an additional 465 shares during the last quarter. Palisade Asset Management LLC purchased a new position in First Trust Low Duration Opportunities ETF during the 1st quarter valued at $25,000. Finally, Axxcess Wealth Management LLC grew its position in First Trust Low Duration Opportunities ETF by 3.4% in the 1st quarter. Axxcess Wealth Management LLC now owns 16,070 shares of the company’s stock valued at $775,000 after acquiring an additional 521 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS opened at $48.72 on Wednesday. The firm has a fifty day moving average price of $49.19 and a 200-day moving average price of $48.59. 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 Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd will be given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date is Tuesday, October 22nd.

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.