Stratos Wealth Advisors LLC Has $708,000 Position in First Trust Low Duration Opportunities ETF $LMBS

Stratos Wealth Advisors LLC grew its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 146.8% during the second quarter, HoldingsChannel reports. The firm owned 14,366 shares of the company’s stock after buying an additional 8,545 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $708,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Lunt Capital Management Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 0.8% in the 2nd quarter. Lunt Capital Management Inc. now owns 134,552 shares of the company’s stock valued at $6,628,000 after buying an additional 1,022 shares during the last quarter. Harbour Investments Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 3.2% in the 2nd quarter. Harbour Investments Inc. now owns 469,605 shares of the company’s stock valued at $23,133,000 after buying an additional 14,432 shares during the last quarter. RFG Advisory LLC raised its holdings in First Trust Low Duration Opportunities ETF by 15.7% in the 2nd quarter. RFG Advisory LLC now owns 11,956 shares of the company’s stock valued at $589,000 after buying an additional 1,625 shares during the last quarter. Axxcess Wealth Management LLC raised its holdings in First Trust Low Duration Opportunities ETF by 7.6% in the 2nd quarter. Axxcess Wealth Management LLC now owns 23,782 shares of the company’s stock valued at $1,172,000 after buying an additional 1,671 shares during the last quarter. Finally, Priebe Wealth Holdings LLC raised its holdings in First Trust Low Duration Opportunities ETF by 101.0% in the 2nd quarter. Priebe Wealth Holdings LLC now owns 19,500 shares of the company’s stock valued at $961,000 after buying an additional 9,800 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

Shares of NASDAQ LMBS opened at $50.16 on Monday. The company has a 50 day simple moving average of $49.76 and a 200 day simple moving average of $49.29. First Trust Low Duration Opportunities ETF has a 1 year low of $48.32 and a 1 year high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.17 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Thursday, September 25th.

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.