According to the most recent statement that M Holdings Securities INC submitted to the Securities and Exchange Commission, the company increased its holdings in First Trust Short Duration Opportunities ETF (NASDAQ: LMBS) during the third quarter of the current fiscal year.
The corporation acquired 6,585 shares of the company’s stock for a price of close to 312,000 dollars.
When trading started on Thursday, the price of LMBS was $48.09 per bond. Over the previous 52 weeks, the price of the First Trust Short Duration Opportunities ETF has fluctuated between $46.62 and $49.24, reaching a low of $46.62 and a high of $49.24, respectively. $47.87 is the company’s moving average price over the past 50 days, and $47.61 is the average price over the past 200 days.
There has been a shift in the proportion of ownership held by various hedge funds in the company, with these funds increasing or decreasing their stakes.
During the third quarter of this year, Hexagon Capital Partners LLC made an investment in the First Trust Short Duration Opportunities ETF for $31,000. Ronald Blue Trust INC invested $36,000 in the First Trust Short Duration Opportunities ETF during the third quarter of this year.
During the second quarter, Bivin & Associates, INC invested $66,000 by purchasing one additional share of First Trust Short Duration Opportunities ETF.
This brought the company’s total investment to $66,000.
Ameritas Investment Partners, INC purchased 97,000 dollars worth of shares in the First Trust Short Duration Opportunities ETF during the first three months of 2018.
And finally, during the third quarter, Aptus Capital Advisors LLC increased the percentage of the First Trust Short Duration Opportunities ETF that it was held by 52.1%.
This was the firm’s most recent move in this regard.
During the most recent reporting period, Aptus Capital Advisors LLC increased its stake in the company by 964, bringing its total number of shares owned to 2,814 with a market value of $133,000.
Additionally, the company had recently disclosed that it would be implementing a monthly dividend distributed on February 28. On Thursday, February 23, 2018, $0.135 dividend payments were distributed to shareholders on record as owning the company at the time of the dividend payment.
This equates to an annual dividend payment of $1.62 and a yield of 3.37% when expressed annually. On February 22, a Wednesday, the dividend was disbursed to shareholders.
This event took place.
An exchange-traded fund with the “First Trust Short Duration Opportunities ETF” ticker tracks the Bloomberg US Mortgage Backed Securities Index (LMBS).
The fund is subject to active management and invests in mortgage-backed securities.
The fund’s objective is to have its holdings mature in fewer than three years, and it intends to achieve this goal.
The LMBS, made available to investors on November 4, 2014, is managed by First Trust, which was given that responsibility.