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: $49.44 to $49.54
• 50-Day Range: $48.89 to $49.54
• 52-Week Range: $45.06 to $51.49
• Volume: 216,975 shs
• Average Volume: 478,980 shs
• Market Capitalization: $5.21 billion
• Assets Under Management: $5.26 billion
• Dividend Yield: 4.12%
• Net Expense Ratio: 0.65%
• 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 $48.67 on January 1st, 2025. Since then, LMBS shares have increased by 1.6% and is now trading at $49.4650.

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

Top institutional investors of First Trust Low Duration Opportunities ETF include Raymond James Financial Inc. (3.42%), Cetera Investment Advisers (1.75%), Bank of America Corp DE (1.55%) and First Trust Advisors LP (1.05%).

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.

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), First Trust TCW Opportunistic Fixed Income ETF (FIXD), First Trust Managed Municipal ETF (FMB), Garmin (GRMN) and First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS).

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: 1168

Fund Statistics

• Assets Under Management: $5.26 billion
• Average Daily Volume: $379.53 thousand
• Discount/Premium: 0.08%

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: Optionable
• Options Volume: 1
• Put Options: 1
• Call Options: 1
• Short Interest: 34,800 shs

Miscellaneous

• Outstanding Shares: 105,250,000
• Beta: 0.05
• Creation Unit: 50,000
• Creation Fee: $500.00