Impact Partnership Wealth LLC Takes $225,000 Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Impact Partnership Wealth LLC bought a new position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,618 shares of the company’s stock, valued at approximately $225,000.

Other institutional investors have also recently bought and sold shares of the company. Hershey Financial Advisers LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth about $30,000. Riggs Asset Managment Co. Inc. bought a new position in First Trust Low Duration Opportunities ETF during the third quarter worth about $76,000. Prospera Private Wealth LLC acquired a new stake in First Trust Low Duration Opportunities ETF during the third quarter valued at approximately $79,000. Harbor Investment Advisory LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 20.1% in the 4th quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock valued at $134,000 after purchasing an additional 459 shares during the period. Finally, Pinnacle Bancorp Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 23.4% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock worth $159,000 after buying an additional 611 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of LMBS stock opened at $48.54 on Friday. The stock’s fifty day simple moving average is $48.70 and its 200 day simple moving average is $48.88. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year 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, January 31st. Stockholders of record on Wednesday, January 22nd will be paid a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date of this dividend is Wednesday, January 22nd.

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.