First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Stock Position Increased by Dominguez Wealth Management Solutions Inc.

Dominguez Wealth Management Solutions Inc. grew its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.4% during the first quarter, HoldingsChannel.com reports. The firm owned 65,471 shares of the company’s stock after acquiring an additional 2,152 shares during the quarter. First Trust Low Duration Opportunities ETF makes up about 2.5% of Dominguez Wealth Management Solutions Inc.’s holdings, making the stock its 9th biggest holding. Dominguez Wealth Management Solutions Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $3,159,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of LMBS. Y.D. More Investments Ltd purchased a new position in shares of First Trust Low Duration Opportunities ETF during the fourth quarter valued at $27,000. Scarborough Advisors LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the fourth quarter valued at $64,000. Harbor Investment Advisory LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 26.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,155 shares of the company’s stock valued at $104,000 after buying an additional 445 shares during the period. Pinnacle Bancorp Inc. increased its stake in shares of First Trust Low Duration Opportunities ETF by 46.8% during the first quarter. Pinnacle Bancorp Inc. now owns 2,685 shares of the company’s stock valued at $130,000 after buying an additional 856 shares during the period. Finally, Benjamin Edwards Inc. increased its stake in shares of First Trust Low Duration Opportunities ETF by 1,405.7% during the fourth quarter. Benjamin Edwards Inc. now owns 3,719 shares of the company’s stock valued at $180,000 after buying an additional 3,472 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

LMBS stock traded down $0.10 during trading on Monday, reaching $47.95. 386,281 shares of the company traded hands, compared to its average volume of 450,916. First Trust Low Duration Opportunities ETF has a 12 month low of $46.58 and a 12 month high of $48.55. The business has a 50 day simple moving average of $48.04 and a 200 day simple moving average of $48.13.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date of this dividend was Thursday, June 27th.

About First Trust Low Duration Opportunities ETF

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.