Wealthcare Advisory Partners LLC Buys 8,810 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Wealthcare Advisory Partners LLC raised its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 21.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,519 shares of the company’s stock after acquiring an additional 8,810 shares during the period. Wealthcare Advisory Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,484,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of LMBS. PFS Partners LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 1.8% in the 1st quarter. PFS Partners LLC now owns 216,430 shares of the company’s stock valued at $10,640,000 after purchasing an additional 3,788 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 14.8% during the 1st quarter. Farther Finance Advisors LLC now owns 19,882 shares of the company’s stock valued at $978,000 after purchasing an additional 2,557 shares during the last quarter. City Holding Co. boosted its position in First Trust Low Duration Opportunities ETF by 27.5% in the first quarter. City Holding Co. now owns 52,581 shares of the company’s stock valued at $2,584,000 after buying an additional 11,353 shares in the last quarter. Destiny Wealth Partners LLC boosted its position in First Trust Low Duration Opportunities ETF by 8.2% in the first quarter. Destiny Wealth Partners LLC now owns 54,679 shares of the company’s stock valued at $2,688,000 after buying an additional 4,125 shares in the last quarter. Finally, Priebe Wealth Holdings LLC bought a new stake in First Trust Low Duration Opportunities ETF during the first quarter worth about $477,000.

First Trust Low Duration Opportunities ETF Stock Up 0.2%

NASDAQ LMBS opened at $49.02 on Thursday. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $51.49. The company has a 50 day moving average of $48.87 and a 200-day moving average of $48.85.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 30th. Investors of record on Wednesday, May 21st were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $2.04 dividend on an annualized basis and a yield of 4.16%.

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.