Cambridge Investment Research Advisors Inc. grew its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 14.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 496,962 shares of the company’s stock after purchasing an additional 64,223 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.54% of First Trust Low Duration Opportunities ETF worth $23,790,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in First Trust Low Duration Opportunities ETF by 137.7% during the 1st quarter. Bank of New York Mellon Corp now owns 20,469 shares of the company’s stock valued at $1,002,000 after purchasing an…
