Aaron Wealth Advisors LLC Has $17.60 Million Stock Position in First Trust Low Duration Opportunities ETF $LMBS

Aaron Wealth Advisors LLC grew its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 357,186 shares of the company’s stock after buying an additional 4,770 shares during the period. First Trust Low Duration Opportunities ETF makes up 1.8% of Aaron Wealth Advisors LLC’s portfolio, making the stock its 12th largest position. Aaron Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $17,595,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in LMBS. SouthState Corp acquired a new position in shares of First Trust Low Duration Opportunities ETF in the 1st quarter valued at $82,000. Rossby Financial LCC acquired a new position in First Trust Low Duration Opportunities ETF in the 1st quarter worth $87,000. Parallel Advisors LLC acquired a new position in First Trust Low Duration Opportunities ETF in the 1st quarter worth $183,000. Novem Group acquired a new position in First Trust Low Duration Opportunities ETF in the 4th quarter worth $203,000. Finally, Clarity Capital Partners LLC acquired a new position in First Trust Low Duration Opportunities ETF in the 1st quarter worth $203,000.

First Trust Low Duration Opportunities ETF Stock Up 0.0%

Shares of NASDAQ LMBS opened at $49.99 on Wednesday. First Trust Low Duration Opportunities ETF has a 1-year low of $48.32 and a 1-year high of $51.49. The company has a fifty day moving average price of $49.46 and a 200 day moving average price of $49.16.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 21st were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, August 21st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.