First Trust Low Duration Opportunities ETF (LMBS) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $48.57 to $48.66
• 50-Day Range: $48.55 to $49.61
• 52-Week Range: $45.06 to $51.49
• Volume: 473,839 shs
• Average Volume: 478,990 shs
• Market Capitalization: $4.55 billion
• Assets Under Management: $4.63 billion
• Dividend Yield: 4.42%
• Net Expense Ratio: 0.64%
• Aggregate Rating: N/A

LMBS ETF - Frequently Asked Questions

How have LMBS shares performed this year?

First Trust Low Duration Opportunities ETF's stock was trading at $48.32 at the start of the year. Since then, LMBS stock has increased by 0.6% and is now trading at $48.61.
View the best growth stocks for 2024 here.

Who are First Trust Low Duration Opportunities ETF's major shareholders?

First Trust Low Duration Opportunities ETF's top institutional investors include LPL Financial LLC (9.16%), Raymond James & Associates (0.87%), Concurrent Investment Advisors LLC (0.81%) and Commonwealth Equity Services LLC (0.67%).

How do I buy shares of First Trust Low Duration Opportunities ETF?

Shares of LMBS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of First Trust Low Duration Opportunities ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Low Duration Opportunities ETF investors own include PepsiCo (PEP), First Trust Senior Loan ETF (FTSL), Piper Sandler Companies (PIPR), Piper Sandler Companies (PIPR), First Trust TCW Opportunistic Fixed Income ETF (FIXD), First Trust Managed Municipal ETF (FMB) and Garmin (GRMN).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Low Duration Opportunities ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:LMBS
• Inception Date: 11/4/2014
• Fund Manager: James Snyder, Jeremiah Charles
• Web: N/A
• Phone: 14089961010

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: U.S. Government
• Focus: Agency MBS
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 1080

Fund Statistics

• Assets Under Management: $4.63 billion
• Average Daily Volume: $455,599.70
• Discount/Premium: 0.06%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: First Trust Advisors L.P.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: GTS

Options

• Optionable: N/A
• Short Interest: 209,000 shs

Miscellaneous

• Outstanding Shares: 93,500,000
• Beta: 0.05
• Creation Unit: 50,000
• Creation Fee: $500.00