KMG Fiduciary Partners LLC Has $2.21 Million Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

KMG Fiduciary Partners LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 8.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,381 shares of the company’s stock after purchasing an additional 3,689 shares during the period. KMG Fiduciary Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,209,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. LPL Financial LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 12.2% in the 3rd 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 during the last quarter. Envestnet Asset Management Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 1.6% in 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 in the last quarter. Cetera Investment Advisers grew its position in First Trust Low Duration Opportunities ETF by 17.5% in the second quarter. Cetera Investment Advisers now owns 940,225 shares of the company’s stock valued at $45,178,000 after acquiring an additional 140,132 shares during the last quarter. Raymond James & Associates raised its stake 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 worth $40,014,000 after acquiring an additional 45,961 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 7.0% in the third quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock worth $37,209,000 after acquiring an additional 48,939 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.3 %

Shares of First Trust Low Duration Opportunities ETF stock opened at $48.70 on Friday. The firm’s 50 day moving average is $48.72 and its 200 day moving average is $48.86. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced 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 of this dividend was Friday, December 13th. This represents a $2.04 annualized dividend and a yield of 4.19%.

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.