Heck Capital Advisors LLC Acquires 36,956 Shares of First Trust Low Duration Opportunities ETF $LMBS

Heck Capital Advisors LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 8.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 490,043 shares of the company’s stock after purchasing an additional 36,956 shares during the period. First Trust Low Duration Opportunities ETF makes up 1.9% of Heck Capital Advisors LLC’s portfolio, making the stock its 14th biggest position. Heck Capital Advisors LLC owned approximately 0.45% of First Trust Low Duration Opportunities ETF worth $24,399,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of LMBS. Bank of America Corp DE lifted its stake in First Trust Low Duration Opportunities ETF by 18.0% in the second quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock valued at $80,319,000 after buying an additional 248,784 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of First Trust Low Duration Opportunities ETF by 5.4% during the second quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock worth $177,115,000 after acquiring an additional 185,249 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 104.0% during the second quarter. Vestmark Advisory Solutions Inc. now owns 363,206 shares of the company’s stock worth $17,892,000 after acquiring an additional 185,184 shares during the period. Geneos Wealth Management Inc. lifted its position in First Trust Low Duration Opportunities ETF by 139.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 305,634 shares of the company’s stock valued at $15,056,000 after acquiring an additional 177,987 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. bought a new stake in First Trust Low Duration Opportunities ETF in the 2nd quarter valued at $8,650,000.

First Trust Low Duration Opportunities ETF Trading Up 0.2%

LMBS stock opened at $50.18 on Friday. The stock has a 50-day moving average price of $50.00 and a two-hundred day moving average price of $49.74. First Trust Low Duration Opportunities ETF has a 1 year low of $48.32 and a 1 year high of $50.25.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.17 per share. The ex-dividend date was Friday, December 12th. 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.