40,294 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Bought by Stonehaven Wealth & Tax Solutions LLC

Stonehaven Wealth & Tax Solutions LLC purchased a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 40,294 shares of the company’s stock, valued at approximately $1,961,000. First Trust Low Duration Opportunities ETF accounts for 2.1% of Stonehaven Wealth & Tax Solutions LLC’s investment portfolio, making the stock its 13th biggest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. Claro Advisors LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 2.9% in the fourth quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock worth $431,000 after purchasing an additional 249 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its stake in First Trust Low Duration Opportunities ETF by 16.2% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock valued at $87,000 after buying an additional 250 shares during the last quarter. Proactive Wealth Strategies LLC lifted its position in First Trust Low Duration Opportunities ETF by 10.8% during the 4th quarter. Proactive Wealth Strategies LLC now owns 4,551 shares of the company’s stock worth $222,000 after buying an additional 444 shares in the last quarter. Harbor Investment Advisory LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 20.1% during the 4th quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock worth $134,000 after buying an additional 459 shares during the last quarter. Finally, Capital CS Group LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 6.2% in the 4th quarter. Capital CS Group LLC now owns 8,085 shares of the company’s stock valued at $393,000 after acquiring an additional 469 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

NASDAQ:LMBS opened at $48.83 on Wednesday. The stock’s 50-day simple moving average is $48.98 and its 200 day simple moving average is $48.85. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date was Thursday, March 27th.

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.