Moloney Securities Asset Management LLC Buys 2,894 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Moloney Securities Asset Management LLC increased its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 60.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,683 shares of the company’s stock after purchasing an additional 2,894 shares during the period. Moloney Securities Asset Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $380,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Janney Montgomery Scott LLC grew its position in First Trust Low Duration Opportunities ETF by 10.8% in the third quarter. Janney Montgomery Scott LLC now owns 255,336 shares of the company’s stock valued at $12,616,000 after acquiring an additional 24,982 shares during the last quarter. Clear Creek Financial Management LLC grew its position in First Trust Low Duration Opportunities ETF by 141.0% in the third quarter. Clear Creek Financial Management LLC now owns 248,719 shares of the company’s stock valued at $12,289,000 after acquiring an additional 145,506 shares during the last quarter. Chicago Partners Investment Group LLC grew its position in First Trust Low Duration Opportunities ETF by 8.0% in the third quarter. Chicago Partners Investment Group LLC now owns 30,668 shares of the company’s stock valued at $1,495,000 after acquiring an additional 2,262 shares during the last quarter. Farther Finance Advisors LLC grew its position in First Trust Low Duration Opportunities ETF by 1.6% in the third quarter. Farther Finance Advisors LLC now owns 15,777 shares of the company’s stock valued at $780,000 after acquiring an additional 246 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV grew its position in First Trust Low Duration Opportunities ETF by 6.1% in the third quarter. Creative Financial Designs Inc. ADV now owns 10,284 shares of the company’s stock valued at $508,000 after acquiring an additional 591 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.3 %

First Trust Low Duration Opportunities ETF stock opened at $48.56 on Thursday. 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 $49.14 and its two-hundred day moving average price is $48.62.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd were given a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.