Integrity Wealth Advisors Inc. Has $325,000 Position in First Trust Low Duration Opportunities ETF $LMBS

Integrity Wealth Advisors Inc. reduced its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 78.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,475 shares of the company’s stock after selling 23,547 shares during the quarter. Integrity Wealth Advisors Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $325,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of LMBS. HighTower Advisors LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 95.3% in the fourth quarter. HighTower Advisors LLC now owns 1,454,146 shares of the company’s stock valued at $72,693,000 after buying an additional 709,693 shares during the period. Jane Street Group LLC acquired a new position in First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $33,401,000. Elevation Point Wealth Partners LLC acquired a new position in First Trust Low Duration Opportunities ETF in the third quarter valued at approximately $22,376,000. Axxcess Wealth Management LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 1,602.6% in the fourth quarter. Axxcess Wealth Management LLC now owns 415,932 shares of the company’s stock valued at $20,792,000 after buying an additional 391,503 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 46.4% in the fourth quarter. Concurrent Investment Advisors LLC now owns 1,207,824 shares of the company’s stock valued at $60,379,000 after buying an additional 382,941 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ LMBS opened at $49.83 on Thursday. The company’s 50 day simple moving average is $49.88 and its 200 day simple moving average is $50.02. First Trust Low Duration Opportunities ETF has a fifty-two week low of $47.87 and a fifty-two week high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were issued a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Thursday, May 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.