First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Position Raised by Jones Financial Companies Lllp

Posted by Jared Coughlin on Mar 8th, 2025

Jones Financial Companies Lllp increased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 804.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,506 shares of the company’s stock after purchasing an additional 24,466 shares during the period. Jones Financial Companies Lllp’s holdings in First Trust Low Duration Opportunities ETF were worth $1,339,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. bought a new stake in First Trust Low Duration Opportunities ETF during the fourth quarter worth approximately $47,000. Prospera Private Wealth LLC bought a new stake in First Trust Low Duration Opportunities ETF during the third quarter worth approximately $79,000. Riggs Asset Managment Co. Inc. grew its position in First Trust Low Duration Opportunities ETF by 16.2% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock worth $87,000 after buying an additional 250 shares during the last quarter. Kestra Investment Management LLC acquired a new position in First Trust Low Duration Opportunities ETF in the fourth quarter worth approximately $127,000. Finally, Marshall Investment Management LLC acquired a new position in First Trust Low Duration Opportunities ETF in the fourth quarter worth approximately $131,000.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $49.06 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49. The firm’s 50 day moving average price is $48.75 and its two-hundred day moving average price is $48.91.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.04 annualized dividend and a yield of 4.16%.

About First Trust Low Duration Opportunities ETF

(Free Report)

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.