Cerity Partners LLC Has $19.16 Million Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Cerity Partners LLC grew its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 393,667 shares of the company’s stock after purchasing an additional 10,718 shares during the quarter. Cerity Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $19,160,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of LMBS. LPL Financial LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 8.3% in the fourth quarter. LPL Financial LLC now owns 9,269,354 shares of the company’s stock worth $451,139,000 after purchasing an additional 708,645 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of First Trust Low Duration Opportunities ETF by 2.8% in the fourth quarter. Wells Fargo & Company MN now owns 4,853,287 shares of the company’s stock worth $236,209,000 after buying an additional 132,154 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 4th quarter worth about $149,264,000. Commonwealth Equity Services LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 31.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 822,928 shares of the company’s stock valued at $40,052,000 after acquiring an additional 194,923 shares during the last quarter. Finally, Clearwater Capital Advisors LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 10.5% in the 4th quarter. Clearwater Capital Advisors LLC now owns 723,979 shares of the company’s stock valued at $35,236,000 after acquiring an additional 68,712 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS opened at $48.86 on Wednesday. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49. The business has a 50 day moving average price of $48.99 and a 200 day moving average price of $48.88.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date of this dividend was Thursday, March 27th.

About First Trust Low Duration Opportunities ETF

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.