First Trust Low Duration Opportunities ETF $LMBS Stake Raised by Adamsbrown Wealth Consultants LLC

Adamsbrown Wealth Consultants LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 13.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 223,431 shares of the company’s stock after buying an additional 27,232 shares during the period. First Trust Low Duration Opportunities ETF makes up about 3.1% of Adamsbrown Wealth Consultants LLC’s investment portfolio, making the stock its 11th largest holding. Adamsbrown Wealth Consultants LLC owned about 0.20% of First Trust Low Duration Opportunities ETF worth $11,169,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. raised its stake in First Trust Low Duration Opportunities ETF by 6.0% during the 3rd quarter. Raymond James Financial Inc. now owns 3,810,418 shares of the company’s stock valued at $189,721,000 after acquiring an additional 214,907 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of First Trust Low Duration Opportunities ETF by 15.1% in the 3rd quarter. Bank of America Corp DE now owns 1,877,318 shares of the company’s stock worth $93,472,000 after acquiring an additional 246,797 shares during the period. First Trust Advisors LP raised its holdings in First Trust Low Duration Opportunities ETF by 11.7% during the third quarter. First Trust Advisors LP now owns 1,232,615 shares of the company’s stock worth $61,372,000 after purchasing an additional 129,380 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 8.3% in the third quarter. Commonwealth Equity Services LLC now owns 1,024,084 shares of the company’s stock valued at $50,989,000 after buying an additional 78,316 shares during the period. Finally, Berger Financial Group Inc boosted its stake in First Trust Low Duration Opportunities ETF by 2.1% during the third quarter. Berger Financial Group Inc now owns 1,011,741 shares of the company’s stock valued at $50,375,000 after buying an additional 20,541 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.8%

NASDAQ:LMBS opened at $49.57 on Friday. The business’s 50-day moving average price is $50.18 and its 200 day moving average price is $50.05. First Trust Low Duration Opportunities ETF has a 52-week low of $48.37 and a 52-week high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Thursday, March 26th. This represents a c) annualized dividend 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.