Adamsbrown Wealth Consultants LLC Boosts Stake in First Trust Low Duration Opportunities ETF $LMBS

Adamsbrown Wealth Consultants LLC grew its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 75.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196,199 shares of the company’s stock after buying an additional 84,306 shares during the quarter. First Trust Low Duration Opportunities ETF comprises 2.7% of Adamsbrown Wealth Consultants LLC’s investment portfolio, making the stock its 12th biggest holding. Adamsbrown Wealth Consultants LLC owned 0.18% of First Trust Low Duration Opportunities ETF worth $9,769,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Insight Inv LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 48.1% during the third quarter. Insight Inv LLC now owns 38,167 shares of the company’s stock worth $1,900,000 after acquiring an additional 12,397 shares during the last quarter. CoreCap Advisors LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 16.6% in the 3rd quarter. CoreCap Advisors LLC now owns 99,346 shares of the company’s stock valued at $4,946,000 after buying an additional 14,151 shares in the last quarter. Cerity Partners LLC grew its position in First Trust Low Duration Opportunities ETF by 6.1% during the third quarter. Cerity Partners LLC now owns 431,911 shares of the company’s stock worth $21,505,000 after buying an additional 24,782 shares in the last quarter. Csenge Advisory Group boosted its stake in First Trust Low Duration Opportunities ETF by 4.3% in the third quarter. Csenge Advisory Group now owns 768,104 shares of the company’s stock valued at $38,244,000 after acquiring an additional 31,611 shares during the last quarter. Finally, Centennial Wealth Advisory LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 53.1% during the third quarter. Centennial Wealth Advisory LLC now owns 126,788 shares of the company’s stock worth $6,313,000 after buying an additional 43,952 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS opened at $50.09 on Wednesday. The company’s 50 day moving average is $50.04 and its 200-day moving average is $49.82. First Trust Low Duration Opportunities ETF has a 1-year low of $48.37 and a 1-year high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, January 21st will be issued a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Wednesday, January 21st.

First Trust Low Duration Opportunities ETF 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.