Columbia Advisory Partners LLC Has $1.30 Million Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Columbia Advisory Partners LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,636 shares of the company’s stock after buying an additional 1,459 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 1.2% of Columbia Advisory Partners LLC’s holdings, making the stock its 22nd biggest holding. Columbia Advisory Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,296,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. LPL Financial LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 12.2% during the third 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. Long Run Wealth Advisors LLC acquired a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth approximately $10,901,000. Financial Enhancement Group LLC grew its holdings in First Trust Low Duration Opportunities ETF by 87.4% during the 3rd quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock worth $21,258,000 after acquiring an additional 206,322 shares during the last quarter. Foundations Investment Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 449.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 243,998 shares of the company’s stock valued at $12,056,000 after acquiring an additional 199,575 shares during the period. Finally, First International Bank & Trust bought a new position in shares of First Trust Low Duration Opportunities ETF during the third quarter valued at $9,657,000.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

Shares of NASDAQ:LMBS opened at $48.39 on Tuesday. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49. The firm’s fifty day moving average is $48.72 and its 200-day moving average is $48.86.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.17 dividend. The ex-dividend date was Friday, December 13th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.22%.

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.