First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Acquired by FSB Premier Wealth Management Inc.

FSB Premier Wealth Management Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 43,800 shares of the company’s stock after purchasing an additional 510 shares during the period. First Trust Low Duration Opportunities ETF accounts for 1.1% of FSB Premier Wealth Management Inc.’s portfolio, making the stock its 22nd largest position. FSB Premier Wealth Management Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $2,088,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. First Trust Advisors LP grew its holdings in shares of First Trust Low Duration Opportunities ETF by 27.7% during the 1st quarter. First Trust Advisors LP now owns 2,740,946 shares of the company’s stock worth $134,169,000 after purchasing an additional 594,694 shares during the period. LPL Financial LLC lifted its position in First Trust Low Duration Opportunities ETF by 9.8% during the second quarter. LPL Financial LLC now owns 6,614,407 shares of the company’s stock valued at $315,309,000 after buying an additional 591,232 shares in the last quarter. Bank of Montreal Can purchased a new stake in First Trust Low Duration Opportunities ETF during the second quarter worth approximately $24,767,000. Stephens Inc. AR increased its position in shares of First Trust Low Duration Opportunities ETF by 174.4% in the first quarter. Stephens Inc. AR now owns 803,324 shares of the company’s stock worth $38,455,000 after acquiring an additional 510,529 shares in the last quarter. Finally, Private Advisor Group LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 1st quarter valued at $20,038,000.

First Trust Low Duration Opportunities ETF Stock Down 0.4 %

First Trust Low Duration Opportunities ETF stock traded down $0.17 during trading on Tuesday, reaching $47.27. 78,587 shares of the company’s stock were exchanged, compared to its average volume of 651,233. First Trust Low Duration Opportunities ETF has a 52-week low of $46.58 and a 52-week high of $48.49. The company’s 50-day moving average is $47.14 and its two-hundred day moving average is $47.51.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 1st. Stockholders of record on Wednesday, October 25th were given a $0.205 dividend. This represents a $2.46 annualized dividend and a dividend yield of 5.20%. The ex-dividend date was Tuesday, October 24th.

First Trust Low Duration Opportunities ETF Company Profile

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.