Osaic Holdings Inc. Boosts Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

by · The Cerbat Gem

Osaic Holdings Inc. lifted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 26.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 850,960 shares of the company’s stock after purchasing an additional 175,338 shares during the period. Osaic Holdings Inc. owned about 0.81% of First Trust Low Duration Opportunities ETF worth $41,928,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 46.2% in the first quarter. Steward Partners Investment Advisory LLC now owns 169,387 shares of the company’s stock worth $8,327,000 after acquiring an additional 53,498 shares during the period. TFB Advisors LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 14.3% in the 1st quarter. TFB Advisors LLC now owns 17,801 shares of the company’s stock valued at $875,000 after purchasing an additional 2,224 shares in the last quarter. Summit Financial LLC raised its holdings in First Trust Low Duration Opportunities ETF by 528.0% in the 1st quarter. Summit Financial LLC now owns 171,090 shares of the company’s stock worth $8,411,000 after purchasing an additional 143,845 shares during the period. Kestra Advisory Services LLC raised its holdings in First Trust Low Duration Opportunities ETF by 23.1% in the 1st quarter. Kestra Advisory Services LLC now owns 235,597 shares of the company’s stock worth $11,582,000 after purchasing an additional 44,175 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in First Trust Low Duration Opportunities ETF by 13.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 796,139 shares of the company’s stock worth $39,138,000 after purchasing an additional 93,675 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $49.99 on Wednesday. The business has a 50 day simple moving average of $49.99 and a 200-day simple moving average of $49.62. First Trust Low Duration Opportunities ETF has a 12 month low of $48.32 and a 12 month high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be issued a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, December 12th.

First Trust Low Duration Opportunities ETF Company Profile

(Free Report)

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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