OneDigital Investment Advisors LLC Has $1.14 Million Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

OneDigital Investment Advisors LLC boosted its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 40.4% during the third quarter, HoldingsChannel.com reports. The fund owned 22,985 shares of the company’s stock after purchasing an additional 6,612 shares during the period. OneDigital Investment Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,136,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 38.6% in the 1st quarter. Orion Portfolio Solutions LLC now owns 33,636 shares of the company’s stock worth $1,623,000 after buying an additional 9,372 shares in the last quarter. InterOcean Capital Group LLC acquired a new position in First Trust Low Duration Opportunities ETF during the first quarter worth $345,000. Axxcess Wealth Management LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 3.4% during the first quarter. Axxcess Wealth Management LLC now owns 16,070 shares of the company’s stock valued at $775,000 after acquiring an additional 521 shares during the period. Manhattan West Asset Management LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 15.8% in the 1st quarter. Manhattan West Asset Management LLC now owns 134,125 shares of the company’s stock valued at $6,472,000 after purchasing an additional 18,294 shares in the last quarter. Finally, Econ Financial Services Corp bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 1st quarter worth about $1,071,000.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ LMBS opened at $48.75 on Tuesday. The stock’s 50 day simple moving average is $49.07 and its 200 day simple moving average is $48.69. 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 Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 22nd were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, October 22nd. This represents a $2.04 annualized dividend and a yield of 4.18%.

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.