First Trust Low Duration Opportunities ETF $LMBS Stock Holdings Boosted by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.6% during the 1st quarter, Holdings Channel reports. The firm owned 315,355 shares of the company’s stock after buying an additional 16,785 shares during the quarter. First Trust Low Duration Opportunities ETF makes up about 3.7% of Fairvoy Private Wealth LLC’s holdings, making the stock its 4th largest holding. Fairvoy Private Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $15,708,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Betterment LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 11.4% during the 2nd quarter. Betterment LLC now owns 6,674 shares of the company’s stock valued at $329,000 after buying an additional 681 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the 2nd quarter valued at $8,409,000. Raymond James Financial Inc. increased its holdings in First Trust Low Duration Opportunities ETF by 5.4% in the 2nd quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock worth $177,115,000 after acquiring an additional 185,249 shares in the last quarter. Jane Street Group LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the 2nd quarter worth $890,000. Finally, Bank of America Corp DE raised its position in First Trust Low Duration Opportunities ETF by 18.0% during the second quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock worth $80,319,000 after acquiring an additional 248,784 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ:LMBS opened at $49.80 on Friday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $47.87 and a fifty-two week high of $51.98. The company has a fifty day moving average of $49.86 and a two-hundred day moving average of $50.01.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be given a dividend of $0.17 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Thursday, June 25th.

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.