Winebrenner Capital Management LLC Purchases Shares of 8,854 First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Winebrenner Capital Management LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 8,854 shares of the company’s stock, valued at approximately $431,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Beacon Financial Advisory LLC boosted its stake in First Trust Low Duration Opportunities ETF by 12.2% in the third quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock worth $343,000 after buying an additional 754 shares in the last quarter. Claro Advisors LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 2.9% in the 4th quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock valued at $431,000 after purchasing an additional 249 shares in the last quarter. TFB Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 13.8% during the 3rd quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock valued at $657,000 after purchasing an additional 1,613 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 2.0% during the 3rd quarter. HighTower Advisors LLC now owns 349,475 shares of the company’s stock valued at $17,273,000 after purchasing an additional 6,854 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its position in First Trust Low Duration Opportunities ETF by 2.8% in the 4th quarter. DAVENPORT & Co LLC now owns 52,433 shares of the company’s stock worth $2,552,000 after purchasing an additional 1,427 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.2 %

LMBS opened at $48.84 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49. The business’s 50-day moving average price is $48.65 and its 200-day moving average price is $48.90.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be paid a $0.17 dividend. The ex-dividend date is Friday, February 21st. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%.

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.