Daymark Wealth Partners LLC Takes $208,000 Position in First Trust Low Duration Opportunities ETF $LMBS

Daymark Wealth Partners LLC bought a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,227 shares of the company’s stock, valued at approximately $208,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. SouthState Corp purchased a new position in shares of First Trust Low Duration Opportunities ETF in the first quarter valued at $82,000. Rossby Financial LCC acquired a new stake in First Trust Low Duration Opportunities ETF in the first quarter valued at $87,000. Rathbones Group PLC bought a new position in First Trust Low Duration Opportunities ETF during the 1st quarter valued at $209,000. Parallel Advisors LLC boosted its stake in First Trust Low Duration Opportunities ETF by 15.9% during the 2nd quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock valued at $213,000 after acquiring an additional 593 shares during the last quarter. Finally, Kaydan Wealth Management Inc. bought a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at $214,000.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

NASDAQ LMBS opened at $49.93 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $48.32 and a 12 month high of $50.25. The company’s fifty day moving average price is $49.87 and its two-hundred day moving average price is $49.37.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Tuesday, October 21st will be paid a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Tuesday, October 21st.

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.