Trustmark National Bank Trust Department Buys 5,000 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Trustmark National Bank Trust Department lifted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 115.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,322 shares of the company’s stock after acquiring an additional 5,000 shares during the quarter. Trustmark National Bank Trust Department’s holdings in First Trust Low Duration Opportunities ETF were worth $461,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 3.4% in the first quarter. Axxcess Wealth Management LLC now owns 16,070 shares of the company’s stock worth $775,000 after acquiring an additional 521 shares during the last quarter. Manhattan West Asset Management LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 15.8% in the first quarter. Manhattan West Asset Management LLC now owns 134,125 shares of the company’s stock worth $6,472,000 after acquiring an additional 18,294 shares during the last quarter. Econ Financial Services Corp purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter worth $1,071,000. B. Riley Wealth Advisors Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 23.5% in the first quarter. B. Riley Wealth Advisors Inc. now owns 22,496 shares of the company’s stock worth $1,063,000 after acquiring an additional 4,275 shares during the last quarter. Finally, Coppell Advisory Solutions Corp. purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter worth $735,000.

First Trust Low Duration Opportunities ETF Trading Up 0.0 %

NASDAQ LMBS opened at $48.61 on Friday. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49. The stock has a 50-day moving average of $49.03 and a 200 day moving average of $48.70.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be issued a $0.17 dividend. The ex-dividend date is Thursday, November 21st. This represents a $2.04 dividend on an annualized basis and a yield of 4.20%.

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.