First Trust Low Duration Opportunities ETF $LMBS Shares Purchased by Country Club Bank

Country Club Bank increased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 55.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,033 shares of the company’s stock after purchasing an additional 15,050 shares during the period. Country Club Bank’s holdings in First Trust Low Duration Opportunities ETF were worth $2,067,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in LMBS. SouthState Corp acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the first quarter valued at about $82,000. Rossby Financial LCC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the first quarter valued at about $87,000. Clarity Capital Partners LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the first quarter valued at about $203,000. Rathbones Group PLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the first quarter valued at about $209,000. Finally, Parallel Advisors LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 15.9% during the second quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock valued at $213,000 after acquiring an additional 593 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.2%

Shares of LMBS opened at $49.78 on Wednesday. First Trust Low Duration Opportunities ETF has a 1-year low of $48.32 and a 1-year high of $50.25. The firm has a 50-day simple moving average of $49.66 and a two-hundred day simple moving average of $49.24.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.17 per share. The ex-dividend date was Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.