Clearwater Capital Advisors LLC Raises Position in First Trust Low Duration Opportunities ETF $LMBS

Clearwater Capital Advisors LLC grew its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 909,130 shares of the company’s stock after acquiring an additional 56,513 shares during the period. First Trust Low Duration Opportunities ETF accounts for approximately 3.7% of Clearwater Capital Advisors LLC’s portfolio, making the stock its 8th largest holding. Clearwater Capital Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $45,284,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Certified Advisory Corp grew its position in shares of First Trust Low Duration Opportunities ETF by 3.2% in the first quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock valued at $321,000 after purchasing an additional 200 shares in the last quarter. Helium Advisors LLC boosted its stake in First Trust Low Duration Opportunities ETF by 1.0% in the 1st quarter. Helium Advisors LLC now owns 20,861 shares of the company’s stock worth $1,039,000 after purchasing an additional 210 shares during the period. Valley Financial Group Inc. grew its holdings in First Trust Low Duration Opportunities ETF by 1.9% during the 3rd quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock valued at $663,000 after buying an additional 246 shares in the last quarter. Hazlett Burt & Watson Inc. grew its holdings in First Trust Low Duration Opportunities ETF by 38.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after buying an additional 250 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in First Trust Low Duration Opportunities ETF by 0.7% during the 1st quarter. Sanctuary Advisors LLC now owns 47,689 shares of the company’s stock valued at $2,375,000 after buying an additional 318 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.2%

Shares of LMBS opened at $49.45 on Thursday. First Trust Low Duration Opportunities ETF has a twelve month low of $47.87 and a twelve month high of $51.98. The business’s 50-day moving average price is $49.75 and its 200-day moving average price is $49.97.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a c) annualized dividend and a yield of 4.1%.

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.