First Trust Low Duration Opportunities ETF $LMBS Stock Position Boosted by TL Private Wealth

TL Private Wealth lifted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 351,110 shares of the company’s stock after acquiring an additional 14,004 shares during the quarter. First Trust Low Duration Opportunities ETF comprises approximately 6.4% of TL Private Wealth’s holdings, making the stock its 7th biggest holding. TL Private Wealth owned approximately 0.27% of First Trust Low Duration Opportunities ETF worth $17,412,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Certified Advisory Corp grew its holdings in shares of First Trust Low Duration Opportunities ETF by 3.2% during the 1st quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock valued at $321,000 after acquiring an additional 200 shares in the last quarter. Helium Advisors LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 1.0% during the first quarter. Helium Advisors LLC now owns 20,861 shares of the company’s stock worth $1,039,000 after acquiring an additional 210 shares in the last quarter. Valley Financial Group Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 1.9% during the third quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock worth $663,000 after acquiring an additional 246 shares in the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 38.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after acquiring an additional 250 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its position in 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 during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ LMBS opened at $49.66 on Friday. The business’s 50-day moving average price is $49.70 and its two-hundred day moving average price is $49.92. First Trust Low Duration Opportunities ETF has a one year low of $47.87 and a one year high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were issued a dividend of $0.17 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Tuesday, July 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.