Plus Group Wealth Advisors LLC Invests $2.16 Million in First Trust Low Duration Opportunities ETF $LMBS

Plus Group Wealth Advisors LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 43,119 shares of the company’s stock, valued at approximately $2,156,000. First Trust Low Duration Opportunities ETF comprises approximately 2.4% of Plus Group Wealth Advisors LLC’s portfolio, making the stock its 13th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Insight Inv LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 48.1% during the 3rd quarter. Insight Inv LLC now owns 38,167 shares of the company’s stock valued at $1,900,000 after acquiring an additional 12,397 shares during the last quarter. Csenge Advisory Group boosted its position in shares of First Trust Low Duration Opportunities ETF by 4.3% during the 3rd quarter. Csenge Advisory Group now owns 768,104 shares of the company’s stock valued at $38,244,000 after acquiring an additional 31,611 shares during the last quarter. Secure Asset Management LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 4.9% during the 4th quarter. Secure Asset Management LLC now owns 252,620 shares of the company’s stock valued at $12,628,000 after acquiring an additional 11,896 shares during the last quarter. Center For Asset Management LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 4th quarter valued at about $1,555,000. Finally, Aaron Wealth Advisors LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 30.9% in the fourth quarter. Aaron Wealth Advisors LLC now owns 458,338 shares of the company’s stock valued at $22,912,000 after acquiring an additional 108,212 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.3%

LMBS opened at $49.75 on Friday. First Trust Low Duration Opportunities ETF has a one year low of $47.87 and a one year high of $51.98. The business’s 50 day moving average price is $49.97 and its 200 day moving average price is $50.05.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 21st were issued a $0.17 dividend. The ex-dividend date was Tuesday, April 21st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.