Walkner Condon Financial Advisors LLC Acquires 13,892 Shares of First Trust Low Duration Opportunities ETF $LMBS

Walkner Condon Financial Advisors LLC raised its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 434,819 shares of the company’s stock after buying an additional 13,892 shares during the period. First Trust Low Duration Opportunities ETF accounts for approximately 2.9% of Walkner Condon Financial Advisors LLC’s portfolio, making the stock its 5th biggest holding. Walkner Condon Financial Advisors LLC owned 0.35% of First Trust Low Duration Opportunities ETF worth $21,658,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Morgan Stanley increased its holdings in shares of First Trust Low Duration Opportunities ETF by 2.5% during the 4th quarter. Morgan Stanley now owns 14,150,597 shares of the company’s stock valued at $707,388,000 after acquiring an additional 338,741 shares during the last quarter. Wells Fargo & Company MN boosted its position in First Trust Low Duration Opportunities ETF by 1.6% during the fourth quarter. Wells Fargo & Company MN now owns 5,522,020 shares of the company’s stock worth $276,046,000 after purchasing an additional 87,626 shares during the period. Raymond James Financial Inc. grew its holdings in First Trust Low Duration Opportunities ETF by 6.7% during the fourth quarter. Raymond James Financial Inc. now owns 4,066,736 shares of the company’s stock valued at $203,296,000 after purchasing an additional 256,318 shares during the last quarter. Royal Bank of Canada grew its holdings in First Trust Low Duration Opportunities ETF by 7.5% during the fourth quarter. Royal Bank of Canada now owns 2,870,141 shares of the company’s stock valued at $143,479,000 after purchasing an additional 199,486 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of First Trust Low Duration Opportunities ETF by 15.1% in the third quarter. Bank of America Corp DE now owns 1,877,318 shares of the company’s stock valued at $93,472,000 after purchasing an additional 246,797 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock opened at $49.74 on Friday. First Trust Low Duration Opportunities ETF has a 52-week low of $47.87 and a 52-week high of $51.98. The company has a 50-day moving average of $49.82 and a two-hundred day moving average of $50.00.

First Trust Low Duration Opportunities ETF Announces Dividend

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

About First Trust Low Duration Opportunities ETF

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.