Aaron Wealth Advisors LLC Raises Stock Position in First Trust Low Duration Opportunities ETF $LMBS

Aaron Wealth Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 30.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 458,338 shares of the company’s stock after purchasing an additional 108,212 shares during the period. First Trust Low Duration Opportunities ETF comprises about 1.3% of Aaron Wealth Advisors LLC’s portfolio, making the stock its 15th biggest position. Aaron Wealth Advisors LLC owned about 0.40% of First Trust Low Duration Opportunities ETF worth $22,912,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of LMBS. First Trust Advisors LP increased its stake in First Trust Low Duration Opportunities ETF by 11.5% during the second quarter. First Trust Advisors LP now owns 1,103,235 shares of the company’s stock worth $54,345,000 after purchasing an additional 113,364 shares during the period. Cerity Partners LLC increased its stake in First Trust Low Duration Opportunities ETF by 0.6% during the second quarter. Cerity Partners LLC now owns 407,129 shares of the company’s stock worth $20,055,000 after purchasing an additional 2,524 shares during the period. Stonehaven Wealth & Tax Solutions LLC increased its stake in First Trust Low Duration Opportunities ETF by 2.1% during the second quarter. Stonehaven Wealth & Tax Solutions LLC now owns 67,607 shares of the company’s stock worth $3,330,000 after purchasing an additional 1,400 shares during the period. NewEdge Advisors LLC increased its stake in First Trust Low Duration Opportunities ETF by 7.1% during the second quarter. NewEdge Advisors LLC now owns 309,900 shares of the company’s stock worth $15,266,000 after purchasing an additional 20,491 shares during the period. Finally, Faithward Advisors LLC increased its stake in First Trust Low Duration Opportunities ETF by 6.3% during the second quarter. Faithward Advisors LLC now owns 27,827 shares of the company’s stock worth $1,371,000 after purchasing an additional 1,643 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.0%

Shares of NASDAQ:LMBS opened at $49.87 on Tuesday. The firm’s 50-day moving average is $50.13 and its two-hundred day moving average is $50.04. 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 was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Thursday, March 26th.

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.