Center for Financial Planning Inc. Takes $3.76 Million Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Center for Financial Planning Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 77,243 shares of the company’s stock, valued at approximately $3,759,000. First Trust Low Duration Opportunities ETF comprises 0.5% of Center for Financial Planning Inc.’s investment portfolio, making the stock its 15th largest position. Center for Financial Planning Inc. owned approximately 0.08% of First Trust Low Duration Opportunities ETF as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. LPL Financial LLC raised its holdings in First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after acquiring an additional 929,010 shares during the last quarter. Raymond James & Associates raised its stake in First Trust Low Duration Opportunities ETF by 6.0% during the 3rd quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock valued at $40,014,000 after buying an additional 45,961 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in First Trust Low Duration Opportunities ETF by 7.0% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock valued at $37,209,000 after buying an additional 48,939 shares during the last quarter. Trilogy Capital Inc. raised its stake in First Trust Low Duration Opportunities ETF by 5.0% during the 3rd quarter. Trilogy Capital Inc. now owns 488,969 shares of the company’s stock valued at $24,160,000 after buying an additional 23,129 shares during the last quarter. Finally, Petix & Botte Co raised its stake in First Trust Low Duration Opportunities ETF by 1.5% during the 3rd quarter. Petix & Botte Co now owns 458,366 shares of the company’s stock valued at $22,648,000 after buying an additional 6,792 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.2 %

Shares of LMBS opened at $48.87 on Friday. The firm has a fifty day simple moving average of $48.67 and a two-hundred day simple moving average of $48.90. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a dividend of $0.17 per share. The ex-dividend date was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a yield of 4.17%.

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.