First Trust Low Duration Opportunities ETF $LMBS Position Boosted by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. increased its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 221,950 shares of the company’s stock after acquiring an additional 13,310 shares during the quarter. First Trust Low Duration Opportunities ETF comprises about 1.1% of Wealth Enhancement Trust Services Inc.’s portfolio, making the stock its 17th largest holding. Wealth Enhancement Trust Services Inc. owned approximately 0.17% of First Trust Low Duration Opportunities ETF worth $10,756,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of LMBS. Certified Advisory Corp lifted its stake in First Trust Low Duration Opportunities ETF by 3.2% in 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 in the last quarter. Helium Advisors LLC boosted its holdings in shares of 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 last quarter. Sanctuary Advisors LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 0.7% during the first quarter. Sanctuary Advisors LLC now owns 47,689 shares of the company’s stock valued at $2,375,000 after purchasing an additional 318 shares in the last quarter. Pinnacle Bancorp Inc. grew its position in shares of First Trust Low Duration Opportunities ETF by 9.3% during the first quarter. Pinnacle Bancorp Inc. now owns 4,100 shares of the company’s stock valued at $204,000 after purchasing an additional 350 shares in the last quarter. Finally, True Blue Financial LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 1.2% in the first quarter. True Blue Financial LLC now owns 30,141 shares of the company’s stock worth $1,501,000 after purchasing an additional 357 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS traded down $0.03 during mid-day trading on Wednesday, reaching $48.49. The stock had a trading volume of 1,355,621 shares, compared to its average volume of 567,183. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98. The business’s 50 day moving average price is $49.28 and its 200 day moving average price is $49.62.

First Trust Low Duration Opportunities ETF Announces Dividend

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

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.