Ashton Thomas Private Wealth LLC Raises Holdings in First Trust Low Duration Opportunities ETF $LMBS

Ashton Thomas Private Wealth LLC raised its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 17.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,101 shares of the company’s stock after purchasing an additional 22,969 shares during the period. Ashton Thomas Private Wealth LLC owned about 0.14% of First Trust Low Duration Opportunities ETF worth $7,523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bellevue Asset Management LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 8.9% during the third quarter. Bellevue Asset Management LLC now owns 192,509 shares of the company’s stock worth $9,585,000 after buying an additional 15,731 shares during the period. Jones Financial Companies Lllp increased its position in shares of First Trust Low Duration Opportunities ETF by 62.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 247,378 shares of the company’s stock valued at $12,297,000 after purchasing an additional 94,684 shares during the last quarter. Meridian Wealth Management LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 52.8% in the 3rd quarter. Meridian Wealth Management LLC now owns 10,308 shares of the company’s stock valued at $513,000 after purchasing an additional 3,563 shares in the last quarter. Carrera Capital Advisors purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter worth $370,000. Finally, Mutual Advisors LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 116.0% during the third quarter. Mutual Advisors LLC now owns 202,635 shares of the company’s stock worth $10,125,000 after purchasing an additional 108,838 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $50.11 on Wednesday. The stock’s fifty day moving average is $50.05 and its two-hundred day moving average is $49.86. First Trust Low Duration Opportunities ETF has a 1-year low of $48.37 and a 1-year high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were given a dividend of $0.17 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, January 21st.

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.