First Trust Low Duration Opportunities ETF $LMBS Shares Purchased by Inspirion Wealth Advisors LLC

Inspirion Wealth Advisors LLC boosted its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 420,465 shares of the company’s stock after acquiring an additional 24,817 shares during the quarter. First Trust Low Duration Opportunities ETF comprises approximately 2.4% of Inspirion Wealth Advisors LLC’s portfolio, making the stock its 11th biggest holding. Inspirion Wealth Advisors LLC owned about 0.33% of First Trust Low Duration Opportunities ETF worth $20,889,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LMBS. Palisade Asset Management LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter worth $26,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 1st quarter worth $35,000. Bank of Montreal Can increased its holdings in shares of First Trust Low Duration Opportunities ETF by 169.0% in the 4th quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $37,000 after purchasing an additional 463 shares in the last quarter. Hazlett Burt & Watson Inc. increased its holdings in shares of First Trust Low Duration Opportunities ETF by 38.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after purchasing an additional 250 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at about $56,000.

First Trust Low Duration Opportunities ETF Trading Up 0.3%

Shares of NASDAQ LMBS opened at $49.71 on Thursday. First Trust Low Duration Opportunities ETF has a 52 week low of $47.87 and a 52 week high of $51.98. The firm has a 50-day moving average price of $49.71 and a 200 day moving average price of $49.93.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were issued a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a c) dividend on an annualized basis and a 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.