RFG Advisory LLC Increases Holdings in First Trust Low Duration Opportunities ETF $LMBS

RFG Advisory LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 16.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 139,646 shares of the company’s stock after buying an additional 19,409 shares during the quarter. RFG Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $6,952,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in LMBS. Summit Wealth Group LLC Co. acquired a new position in First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $539,000. Rockefeller Capital Management L.P. raised its holdings in First Trust Low Duration Opportunities ETF by 23.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 314,039 shares of the company’s stock worth $15,699,000 after purchasing an additional 59,371 shares in the last quarter. Centennial Wealth Advisory LLC raised its holdings in First Trust Low Duration Opportunities ETF by 90.4% during the first quarter. Centennial Wealth Advisory LLC now owns 250,985 shares of the company’s stock worth $12,502,000 after purchasing an additional 119,195 shares in the last quarter. Independent Wealth Network Inc. purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 1st quarter worth approximately $2,285,000. Finally, Thrivent Financial for Lutherans lifted its position in shares of First Trust Low Duration Opportunities ETF by 145.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 102,307 shares of the company’s stock worth $5,117,000 after buying an additional 60,559 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.48 on Wednesday. The company has a fifty day simple moving average of $49.60 and a 200-day simple moving average of $49.82. First Trust Low Duration Opportunities ETF has a 12-month low of $47.87 and a 12-month high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were paid a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Friday, August 21st.

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.