WCG Wealth Advisors LLC Purchases Shares of 11,006 First Trust Low Duration Opportunities ETF $LMBS

WCG Wealth Advisors LLC purchased a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 11,006 shares of the company’s stock, valued at approximately $550,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LMBS. Betterment LLC boosted its position in First Trust Low Duration Opportunities ETF by 11.4% in 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 during the period. Darwin Wealth Management LLC purchased a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter valued at approximately $8,409,000. Raymond James Financial Inc. boosted its position 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 valued at $177,115,000 after buying an additional 185,249 shares during the period. Jane Street Group LLC purchased a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter valued at approximately $890,000. Finally, Bank of America Corp DE lifted its position in shares of First Trust Low Duration Opportunities ETF by 18.0% during the 2nd quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock worth $80,319,000 after purchasing an additional 248,784 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.2%

First Trust Low Duration Opportunities ETF stock opened at $49.70 on Friday. The company has a fifty day simple moving average of $49.87 and a 200-day simple moving average of $50.03. 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 company also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were 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 of this dividend was Thursday, May 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.