Clear Creek Financial Management LLC Buys 17,180 Shares of First Trust Low Duration Opportunities ETF $LMBS

Clear Creek Financial Management LLC boosted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 13.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 140,391 shares of the company’s stock after buying an additional 17,180 shares during the quarter. Clear Creek Financial Management LLC owned 0.13% of First Trust Low Duration Opportunities ETF worth $6,990,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in LMBS. Condor Capital Management raised its position in First Trust Low Duration Opportunities ETF by 0.4% in the 3rd quarter. Condor Capital Management now owns 50,896 shares of the company’s stock worth $2,534,000 after purchasing an additional 228 shares during the period. Axxcess Wealth Management LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 2.7% during the third quarter. Axxcess Wealth Management LLC now owns 24,429 shares of the company’s stock valued at $1,216,000 after buying an additional 647 shares during the period. Maridea Wealth Management LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 8.7% during the third quarter. Maridea Wealth Management LLC now owns 28,401 shares of the company’s stock valued at $1,424,000 after buying an additional 2,274 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 3.6% in the third quarter. Wealthcare Advisory Partners LLC now owns 54,729 shares of the company’s stock worth $2,725,000 after buying an additional 1,897 shares during the period. Finally, SMART Wealth LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter worth approximately $810,000.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock opened at $50.41 on Friday. The business’s fifty day simple moving average is $50.13 and its two-hundred day simple moving average is $49.94. First Trust Low Duration Opportunities ETF has a twelve month low of $48.37 and a twelve month high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be paid a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, February 20th.

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.