Coppell Advisory Solutions LLC acquired a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) in the second quarter, Holdings Channel.com reports. The firm acquired 98,408 shares of the company’s stock, valued at approximately $49,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Palisade Asset Management LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $26,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter valued at about $35,000. Bank of Montreal Can increased its stake in shares of First Trust Low Duration Opportunities ETF by 169.0% during the fourth quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $37,000 after purchasing an additional 463 shares in the last quarter. Hazlett Burt & Watson Inc. raised its position in shares of First Trust Low Duration Opportunities ETF by 38.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after purchasing an additional 250 shares during the last quarter. Finally, Motiv8 Investments LLC purchased a new position in First Trust Low Duration Opportunities ETF in the 4th quarter valued at about $56,000.
First Trust Low Duration Opportunities ETF Trading Up 0.1%
LMBS stock opened at $49.45 on Friday. First Trust Low Duration Opportunities ETF has a 12-month low of $47.87 and a 12-month high of $51.98. The business’s 50-day moving average is $49.62 and its 200 day moving average is $49.84.
First Trust Low Duration Opportunities ETF Announces Dividend
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.
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Want to see what other hedge funds are holding LMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report).
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