Columbia Advisory Partners LLC Has $1.30 Million Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Columbia Advisory Partners LLC grew its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,636 shares of the company’s stock after purchasing an additional 1,459 shares during the quarter. First Trust Low Duration Opportunities ETF makes up approximately 1.2% of Columbia Advisory Partners LLC’s investment portfolio, making the stock its 22nd largest holding. Columbia Advisory Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,296,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Hershey Financial Advisers LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at about $30,000. Riggs Asset Managment Co. Inc. bought a new stake in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at about $76,000. Prospera Private Wealth LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter worth approximately $79,000. Pinnacle Bancorp Inc. increased its holdings in shares of First Trust Low Duration Opportunities ETF by 23.4% during the third quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock worth $159,000 after purchasing an additional 611 shares during the period. Finally, Proactive Wealth Strategies LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at approximately $203,000.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $48.39 on Tuesday. The stock’s fifty day moving average price is $48.72 and its two-hundred day moving average price is $48.86. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date of this dividend was Friday, December 13th.

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.