Kestra Private Wealth Services LLC Purchases 29,361 Shares of First Trust Low Duration Opportunities ETF $LMBS

Kestra Private Wealth Services LLC lifted its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 405,775 shares of the company’s stock after purchasing an additional 29,361 shares during the period. Kestra Private Wealth Services LLC owned 0.33% of First Trust Low Duration Opportunities ETF worth $20,212,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Palisade Asset Management LLC bought a new position in First Trust Low Duration Opportunities ETF in the 3rd quarter worth approximately $26,000. Bank of Montreal Can boosted its position in shares of First Trust Low Duration Opportunities ETF by 169.0% in the fourth quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $37,000 after acquiring an additional 463 shares during the period. Hazlett Burt & Watson Inc. boosted its position in shares of First Trust Low Duration Opportunities ETF by 38.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after acquiring an additional 250 shares during the period. Motiv8 Investments LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter worth $56,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter worth $69,000.

First Trust Low Duration Opportunities ETF Stock Up 0.2%

Shares of LMBS stock opened at $49.94 on Thursday. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98. The firm’s fifty day simple moving average is $49.87 and its 200 day simple moving average is $50.01.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

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.