Creative Financial Designs Inc. ADV Increases Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Creative Financial Designs Inc. ADV lifted its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 9.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,490 shares of the company’s stock after buying an additional 1,097 shares during the period. Creative Financial Designs Inc. ADV’s holdings in First Trust Low Duration Opportunities ETF were worth $614,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its stake in First Trust Low Duration Opportunities ETF by 1.4% in the 1st quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 17,990 shares of the company’s stock worth $884,000 after purchasing an additional 252 shares during the period. Columbia Advisory Partners LLC increased its stake in First Trust Low Duration Opportunities ETF by 1.6% in the 1st quarter. Columbia Advisory Partners LLC now owns 27,062 shares of the company’s stock worth $1,330,000 after purchasing an additional 426 shares during the period. West Michigan Advisors LLC increased its stake in First Trust Low Duration Opportunities ETF by 7.6% in the 4th quarter. West Michigan Advisors LLC now owns 6,842 shares of the company’s stock worth $333,000 after purchasing an additional 486 shares during the period. Towerpoint Wealth LLC increased its stake in First Trust Low Duration Opportunities ETF by 3.3% in the 1st quarter. Towerpoint Wealth LLC now owns 17,230 shares of the company’s stock worth $847,000 after purchasing an additional 548 shares during the period. Finally, KMG Fiduciary Partners LLC increased its stake in First Trust Low Duration Opportunities ETF by 1.6% in the 1st quarter. KMG Fiduciary Partners LLC now owns 46,098 shares of the company’s stock worth $2,266,000 after purchasing an additional 717 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ:LMBS opened at $49.17 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49. The stock’s 50-day moving average is $48.96 and its 200 day moving average is $48.87.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Thursday, June 26th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, June 26th. This represents a $2.04 dividend on an annualized basis and a yield of 4.15%.

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.