First Heartland Consultants Inc. Has $252,000 Stock Position in First Trust Low Duration Opportunities ETF $LMBS

First Heartland Consultants Inc. cut its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 95.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,052 shares of the company’s stock after selling 108,887 shares during the period. First Heartland Consultants Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $252,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in LMBS. Insight Inv LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 48.1% in the third quarter. Insight Inv LLC now owns 38,167 shares of the company’s stock worth $1,900,000 after acquiring an additional 12,397 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 16.6% during the 3rd quarter. CoreCap Advisors LLC now owns 99,346 shares of the company’s stock valued at $4,946,000 after purchasing an additional 14,151 shares in the last quarter. Cerity Partners LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 6.1% in the 3rd quarter. Cerity Partners LLC now owns 431,911 shares of the company’s stock valued at $21,505,000 after purchasing an additional 24,782 shares during the period. Csenge Advisory Group grew its position in shares of First Trust Low Duration Opportunities ETF by 4.3% in the 3rd quarter. Csenge Advisory Group now owns 768,104 shares of the company’s stock valued at $38,244,000 after purchasing an additional 31,611 shares during the period. Finally, Centennial Wealth Advisory LLC increased its stake in First Trust Low Duration Opportunities ETF by 53.1% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 126,788 shares of the company’s stock worth $6,313,000 after purchasing an additional 43,952 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock opened at $50.33 on Thursday. First Trust Low Duration Opportunities ETF has a 52 week low of $48.37 and a 52 week high of $51.98. The company’s 50 day moving average price is $50.15 and its two-hundred day moving average price is $49.97.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be given a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, February 20th.

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.