Tradewinds LLC. Purchases New Shares in First Trust Low Duration Opportunities ETF $LMBS

Tradewinds LLC. bought a new position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 8,762 shares of the company’s stock, valued at approximately $432,000.

A number of other institutional investors also recently modified their holdings of the stock. Assetmark Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF by 11.4% in the second quarter. Assetmark Inc. now owns 252,052 shares of the company’s stock worth $12,416,000 after acquiring an additional 25,866 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of First Trust Low Duration Opportunities ETF by 29.3% during the second quarter. Arkadios Wealth Advisors now owns 13,993 shares of the company’s stock worth $689,000 after acquiring an additional 3,171 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the second quarter worth $46,000. Daymark Wealth Partners LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the second quarter worth $208,000. Finally, Ashton Thomas Private Wealth LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 6.1% during the second quarter. Ashton Thomas Private Wealth LLC now owns 128,132 shares of the company’s stock worth $6,312,000 after acquiring an additional 7,333 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock opened at $49.90 on Friday. The business has a fifty day moving average of $49.86 and a 200-day moving average of $49.36. First Trust Low Duration Opportunities ETF has a twelve month low of $48.32 and a twelve month high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Tuesday, October 21st will be paid a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

First Trust Low Duration Opportunities ETF Company 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.