Trilogy Capital Inc. Acquires 67,264 Shares of First Trust Low Duration Opportunities ETF $LMBS

Trilogy Capital Inc. raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 13.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 558,041 shares of the company’s stock after acquiring an additional 67,264 shares during the period. First Trust Low Duration Opportunities ETF comprises about 1.2% of Trilogy Capital Inc.’s investment portfolio, making the stock its 21st largest holding. Trilogy Capital Inc. owned about 0.45% of First Trust Low Duration Opportunities ETF worth $27,796,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Center For Asset Management LLC bought a new stake in First Trust Low Duration Opportunities ETF during the 4th quarter worth approximately $1,555,000. Secure Asset Management LLC lifted its stake in First Trust Low Duration Opportunities ETF by 4.9% in the fourth quarter. Secure Asset Management LLC now owns 252,620 shares of the company’s stock valued at $12,628,000 after buying an additional 11,896 shares in the last quarter. Embree Financial Group bought a new position in First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $861,000. Aaron Wealth Advisors LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 30.9% in the fourth quarter. Aaron Wealth Advisors LLC now owns 458,338 shares of the company’s stock valued at $22,912,000 after buying an additional 108,212 shares during the period. Finally, Prism Advisors Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 10.4% in the fourth quarter. Prism Advisors Inc. now owns 305,394 shares of the company’s stock valued at $15,267,000 after buying an additional 28,886 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS stock opened at $49.81 on Friday. The firm has a fifty day moving average of $49.85 and a 200-day moving average of $50.01. First Trust Low Duration Opportunities ETF has a 12-month low of $47.87 and a 12-month high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.