First Trust Low Duration Opportunities ETF $LMBS Stock: LexAurum Advisors LLC Grows Position

LexAurum Advisors LLC grew its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 204,005 shares of the company’s stock after purchasing an additional 10,755 shares during the period. First Trust Low Duration Opportunities ETF makes up approximately 1.1% of LexAurum Advisors LLC’s holdings, making the stock its 21st largest holding. LexAurum Advisors LLC owned approximately 0.15% of First Trust Low Duration Opportunities ETF worth $9,886,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Independent Wealth Network Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 6.8% in the third quarter. Independent Wealth Network Inc. now owns 51,503 shares of the company’s stock valued at $2,496,000 after buying an additional 3,266 shares during the period. Center For Asset Management LLC lifted its position in First Trust Low Duration Opportunities ETF by 9.7% during the third quarter. Center For Asset Management LLC now owns 41,237 shares of the company’s stock valued at $1,998,000 after buying an additional 3,658 shares in the last quarter. Weitzel Financial Services Inc. grew its stake in First Trust Low Duration Opportunities ETF by 3.4% during the third quarter. Weitzel Financial Services Inc. now owns 276,309 shares of the company’s stock worth $13,394,000 after buying an additional 9,153 shares during the period. IFC & Insurance Marketing Inc. grew its stake in First Trust Low Duration Opportunities ETF by 6.1% during the third quarter. IFC & Insurance Marketing Inc. now owns 42,563 shares of the company’s stock worth $2,065,000 after buying an additional 2,430 shares during the period. Finally, Split Rock Private Trading & Wealth Management LLC grew its stake in First Trust Low Duration Opportunities ETF by 28.7% during the third quarter. Split Rock Private Trading & Wealth Management LLC now owns 54,752 shares of the company’s stock worth $2,653,000 after buying an additional 12,205 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of First Trust Low Duration Opportunities ETF stock traded up $0.03 during trading hours on Monday, hitting $48.76. The company’s stock had a trading volume of 258,754 shares, compared to its average volume of 571,009. First Trust Low Duration Opportunities ETF has a 1-year low of $47.60 and a 1-year high of $51.98. The business has a fifty day moving average of $49.15 and a 200 day moving average of $49.57.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Thursday, September 24th.

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.