Entruity Wealth LLC Boosts Position in First Trust Low Duration Opportunities ETF $LMBS

Entruity Wealth LLC raised its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 126,722 shares of the company’s stock after purchasing an additional 2,604 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for 5.3% of Entruity Wealth LLC’s portfolio, making the stock its 3rd biggest position. Entruity Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $6,242,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Creekmur Asset Management LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 497.2% in the second quarter. Creekmur Asset Management LLC now owns 633 shares of the company’s stock worth $31,000 after purchasing an additional 527 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in First Trust Low Duration Opportunities ETF in the 2nd quarter worth $46,000. Y.D. More Investments Ltd increased its position in shares of First Trust Low Duration Opportunities ETF by 133.7% in the second quarter. Y.D. More Investments Ltd now owns 1,596 shares of the company’s stock valued at $78,000 after acquiring an additional 913 shares during the period. SouthState Corp purchased a new position in shares of First Trust Low Duration Opportunities ETF in the first quarter valued at about $82,000. Finally, Daymark Wealth Partners LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter valued at about $208,000.

First Trust Low Duration Opportunities ETF Trading Down 0.2%

First Trust Low Duration Opportunities ETF stock opened at $49.93 on Friday. First Trust Low Duration Opportunities ETF has a 1-year low of $48.32 and a 1-year high of $50.25. The firm has a 50-day moving average of $49.95 and a 200-day moving average of $49.48.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 21st will be given a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, November 21st.

About First Trust Low Duration Opportunities ETF

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.