CoreCap Advisors LLC Purchases 14,151 Shares of First Trust Low Duration Opportunities ETF $LMBS

CoreCap Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 16.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 99,346 shares of the company’s stock after acquiring an additional 14,151 shares during the period. CoreCap Advisors LLC owned 0.09% of First Trust Low Duration Opportunities ETF worth $4,946,000 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 company. Avestar Capital LLC raised its holdings in First Trust Low Duration Opportunities ETF by 1.2% in the second quarter. Avestar Capital LLC now owns 18,040 shares of the company’s stock worth $889,000 after purchasing an additional 208 shares in the last quarter. Iams Wealth Management LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 0.6% in the 3rd quarter. Iams Wealth Management LLC now owns 37,073 shares of the company’s stock worth $1,846,000 after acquiring an additional 212 shares in the last quarter. TrueWealth Advisors LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 5.4% in the 3rd quarter. TrueWealth Advisors LLC now owns 5,588 shares of the company’s stock worth $278,000 after acquiring an additional 286 shares in the last quarter. VestGen Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF by 0.5% during the 2nd quarter. VestGen Advisors LLC now owns 60,981 shares of the company’s stock valued at $3,004,000 after acquiring an additional 287 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its stake in First Trust Low Duration Opportunities ETF by 1.1% during the second quarter. Chicago Partners Investment Group LLC now owns 29,114 shares of the company’s stock worth $1,431,000 after acquiring an additional 310 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS opened at $49.90 on Wednesday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.32 and a fifty-two week high of $50.25. The firm’s 50-day simple moving average is $49.99 and its two-hundred day simple moving average is $49.73.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Friday, December 12th.

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.