Kestra Private Wealth Services LLC Acquires 438 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Kestra Private Wealth Services LLC raised its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 0.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 253,571 shares of the company’s stock after acquiring an additional 438 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $12,253,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Harbor Investment Advisory LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 26.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,155 shares of the company’s stock worth $104,000 after buying an additional 445 shares during the period. CWM LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 26.2% in the third quarter. CWM LLC now owns 3,979 shares of the company’s stock valued at $188,000 after purchasing an additional 826 shares during the last quarter. W.H. Cornerstone Investments Inc. bought a new position in shares of First Trust Low Duration Opportunities ETF during the third quarter worth approximately $224,000. OneAscent Financial Services LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 7.7% during the 4th quarter. OneAscent Financial Services LLC now owns 4,669 shares of the company’s stock worth $226,000 after purchasing an additional 334 shares during the last quarter. Finally, Trueblood Wealth Management LLC bought a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter valued at $251,000.

First Trust Low Duration Opportunities ETF Trading Up 0.1 %

Shares of LMBS stock traded up $0.04 on Monday, hitting $47.64. The company’s stock had a trading volume of 392,344 shares, compared to its average volume of 514,187. First Trust Low Duration Opportunities ETF has a fifty-two week low of $46.58 and a fifty-two week high of $48.55. The stock’s 50 day moving average is $48.02 and its 200-day moving average is $47.86.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 24th will be given a dividend of $0.175 per share. The ex-dividend date is Tuesday, April 23rd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 4.41%.

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.