SMART Wealth LLC Has $2.43 Million Stake in First Trust Low Duration Opportunities ETF $LMBS

SMART Wealth LLC raised its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 111.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,850 shares of the company’s stock after acquiring an additional 25,780 shares during the period. SMART Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,432,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Certified Advisory Corp lifted its position in shares of First Trust Low Duration Opportunities ETF by 3.2% during the 1st quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock worth $321,000 after purchasing an additional 200 shares during the last quarter. Helium Advisors LLC boosted its stake in First Trust Low Duration Opportunities ETF by 1.0% during the 1st quarter. Helium Advisors LLC now owns 20,861 shares of the company’s stock valued at $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% in 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 during the last quarter. Hazlett Burt & Watson Inc. grew its holdings in First Trust Low Duration Opportunities ETF by 38.5% in 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 during the last quarter. Finally, Sanctuary Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 0.7% in the 1st quarter. Sanctuary Advisors LLC now owns 47,689 shares of the company’s stock worth $2,375,000 after buying an additional 318 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

Shares of LMBS stock opened at $49.49 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $47.87 and a 12 month high of $51.98. The stock has a 50 day moving average of $49.61 and a 200-day moving average of $49.84.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

First Trust Low Duration Opportunities ETF 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.