Barrett & Company Inc. Makes New $1.19 Million Investment in First Trust Low Duration Opportunities ETF $LMBS

Barrett & Company Inc. purchased a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 24,452 shares of the company’s stock, valued at approximately $1,185,000.

A number of other large investors also recently made changes to their positions in the business. Wedbush Securities Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter valued at approximately $4,641,000. Brookstone Capital Management lifted its position in shares of First Trust Low Duration Opportunities ETF by 3.9% in the third quarter. Brookstone Capital Management now owns 466,172 shares of the company’s stock worth $22,591,000 after buying an additional 17,343 shares during the last quarter. NBT Bank N.A. acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter worth about $69,000. Root Financial Partners LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter worth about $28,000. Finally, Grantvest Financial Group LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 73.9% in the 3rd quarter. Grantvest Financial Group LLC now owns 10,541 shares of the company’s stock valued at $511,000 after acquiring an additional 4,481 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $48.76 on Friday. First Trust Low Duration Opportunities ETF has a 1-year low of $47.60 and a 1-year high of $51.98. The firm has a fifty day simple moving average of $49.06 and a 200-day simple moving average of $49.53.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Wednesday, October 21st will be issued a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $2.04 dividend on an annualized basis and a yield of 4.2%.

First Trust Low Duration Opportunities ETF Profile

(Free Report)

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.

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