Atria Investments Inc Has $1.48 Million Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Atria Investments Inc boosted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 49.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,953 shares of the company’s stock after purchasing an additional 9,866 shares during the period. Atria Investments Inc’s holdings in First Trust Low Duration Opportunities ETF were worth $1,480,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC boosted its position in First Trust Low Duration Opportunities ETF by 7.8% in the 2nd quarter. LPL Financial LLC now owns 7,631,699 shares of the company’s stock valued at $366,703,000 after buying an additional 550,017 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in First Trust Low Duration Opportunities ETF by 0.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,011,574 shares of the company’s stock valued at $96,656,000 after buying an additional 10,854 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of First Trust Low Duration Opportunities ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 964,019 shares of the company’s stock worth $46,321,000 after purchasing an additional 15,450 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of First Trust Low Duration Opportunities ETF by 17.5% in the 2nd quarter. Cetera Investment Advisers now owns 940,225 shares of the company’s stock worth $45,178,000 after purchasing an additional 140,132 shares during the last quarter. Finally, Raymond James & Associates boosted its position in shares of First Trust Low Duration Opportunities ETF by 6.0% in the 3rd quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock worth $40,014,000 after purchasing an additional 45,961 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ:LMBS opened at $48.64 on Friday. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49. The stock’s fifty day simple moving average is $49.10 and its 200-day simple moving average is $48.66.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

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.