First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Position Increased by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 215,318 shares of the company’s stock after buying an additional 13,776 shares during the period. Ameritas Advisory Services LLC owned about 0.23% of First Trust Low Duration Opportunities ETF worth $10,639,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in First Trust Low Duration Opportunities ETF by 1.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 15,777 shares of the company’s stock worth $780,000 after purchasing an additional 246 shares during the period. City Holding Co. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 0.7% during the 2nd quarter. City Holding Co. now owns 40,370 shares of the company’s stock valued at $1,939,000 after purchasing an additional 300 shares in the last quarter. Waterloo Capital L.P. grew its stake in First Trust Low Duration Opportunities ETF by 6.5% in the 2nd quarter. Waterloo Capital L.P. now owns 5,827 shares of the company’s stock valued at $280,000 after buying an additional 358 shares during the last quarter. Richard W. Paul & Associates LLC grew its stake in First Trust Low Duration Opportunities ETF by 1.8% in the 3rd quarter. Richard W. Paul & Associates LLC now owns 26,901 shares of the company’s stock valued at $1,329,000 after buying an additional 465 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in First Trust Low Duration Opportunities ETF by 3.4% in the 1st quarter. Axxcess Wealth Management LLC now owns 16,070 shares of the company’s stock valued at $775,000 after buying an additional 521 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ:LMBS traded up $0.03 during midday trading on Tuesday, reaching $48.69. The stock had a trading volume of 12,289 shares, compared to its average volume of 473,457. 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 fifty day simple moving average is $49.16 and its 200-day simple moving average is $48.62.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd were given a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $2.04 annualized dividend and a yield of 4.19%.

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.