James J. Burns & Company LLC Purchases 1,733 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

James J. Burns & Company LLC grew its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 91,025 shares of the company’s stock after acquiring an additional 1,733 shares during the quarter. First Trust Low Duration Opportunities ETF comprises approximately 0.8% of James J. Burns & Company LLC’s holdings, making the stock its 25th largest holding. James J. Burns & Company LLC owned 0.09% of First Trust Low Duration Opportunities ETF worth $4,432,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of LMBS. Sanctuary Advisors LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter valued at approximately $2,431,000. EWG Elevate Inc. lifted its position in First Trust Low Duration Opportunities ETF by 64.4% in the third quarter. EWG Elevate Inc. now owns 358,401 shares of the company’s stock worth $17,709,000 after buying an additional 140,356 shares during the last quarter. Atwood & Palmer Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 8.4% during the third quarter. Atwood & Palmer Inc. now owns 228,455 shares of the company’s stock worth $11,288,000 after buying an additional 17,740 shares during the period. Brookstone Capital Management raised its stake in shares of First Trust Low Duration Opportunities ETF by 0.3% in the third quarter. Brookstone Capital Management now owns 472,500 shares of the company’s stock valued at $23,346,000 after acquiring an additional 1,364 shares during the period. Finally, CWM LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 132.5% in the 3rd quarter. CWM LLC now owns 109,044 shares of the company’s stock worth $5,388,000 after acquiring an additional 62,142 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

Shares of NASDAQ:LMBS opened at $48.71 on Tuesday. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49. The firm’s 50-day moving average is $48.70 and its 200 day moving average is $48.89.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were paid a dividend of $0.17 per share. The ex-dividend date was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a dividend 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.