Kirkwood Financial Services Purchases Shares of 127,287 First Trust Low Duration Opportunities ETF $LMBS

Kirkwood Financial Services acquired a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 127,287 shares of the company’s stock, valued at approximately $6,337,000. First Trust Low Duration Opportunities ETF makes up 1.8% of Kirkwood Financial Services’ portfolio, making the stock its 12th largest position. Kirkwood Financial Services owned about 0.10% of First Trust Low Duration Opportunities ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the business. Ameritas Advisory Services LLC raised its stake in First Trust Low Duration Opportunities ETF by 58.5% during the 2nd quarter. Ameritas Advisory Services LLC now owns 165,085 shares of the company’s stock valued at $8,218,000 after purchasing an additional 60,927 shares during the period. Kintra Wealth LLC purchased a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter worth approximately $1,082,000. PCG Wealth Advisors LLC bought a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter worth approximately $298,000. Endeavor Private Wealth Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 9.0% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 47,338 shares of the company’s stock worth $2,357,000 after purchasing an additional 3,900 shares during the period. Finally, Insight Inv LLC grew its holdings in First Trust Low Duration Opportunities ETF by 20.7% during the 2nd quarter. Insight Inv LLC now owns 62,900 shares of the company’s stock valued at $3,131,000 after buying an additional 10,767 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $49.49 on Monday. 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 50 day moving average price is $49.61 and its 200-day moving average price is $49.84.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were given a dividend of $0.17 per share. The ex-dividend date was Friday, August 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.