First Trust Low Duration Opportunities ETF $LMBS Shares Acquired by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC lifted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 166,379 shares of the company’s stock after buying an additional 15,278 shares during the period. Ashton Thomas Private Wealth LLC owned approximately 0.14% of First Trust Low Duration Opportunities ETF worth $8,317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in LMBS. Betterment LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 11.4% during the 2nd quarter. Betterment LLC now owns 6,674 shares of the company’s stock worth $329,000 after buying an additional 681 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth approximately $8,409,000. Raymond James Financial Inc. boosted its position in shares of First Trust Low Duration Opportunities ETF by 5.4% during the 2nd quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock worth $177,115,000 after purchasing an additional 185,249 shares during the period. Jane Street Group LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth approximately $890,000. Finally, Bank of America Corp DE boosted its position in shares of First Trust Low Duration Opportunities ETF by 18.0% during the 2nd quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock worth $80,319,000 after purchasing an additional 248,784 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ:LMBS opened at $49.97 on Monday. The company has a 50 day moving average price of $50.08 and a 200 day moving average price of $50.06. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.45 and a fifty-two week high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, April 21st will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, April 21st. 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.