Integrated Wealth Concepts LLC Increases Position in First Trust Low Duration Opportunities ETF $LMBS

Integrated Wealth Concepts LLC increased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 12.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 504,821 shares of the company’s stock after acquiring an additional 57,764 shares during the quarter. Integrated Wealth Concepts LLC owned approximately 0.39% of First Trust Low Duration Opportunities ETF worth $25,130,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LMBS. Certified Advisory Corp lifted its stake in shares of First Trust Low Duration Opportunities ETF by 3.2% during the 1st quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock worth $321,000 after purchasing an additional 200 shares during the period. Helium Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF by 1.0% during the first quarter. Helium Advisors LLC now owns 20,861 shares of the company’s stock worth $1,039,000 after buying an additional 210 shares during the period. Valley Financial Group Inc. boosted its stake in First Trust Low Duration Opportunities ETF by 1.9% in the 3rd quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock worth $663,000 after buying an additional 246 shares during the last quarter. Hazlett Burt & Watson Inc. grew its holdings in First Trust Low Duration Opportunities ETF by 38.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after buying an additional 250 shares during the period. Finally, Sanctuary Advisors LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 0.7% during the 1st quarter. Sanctuary Advisors LLC now owns 47,689 shares of the company’s stock valued at $2,375,000 after acquiring an additional 318 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

LMBS opened at $49.48 on Wednesday. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98. The company’s 50 day simple moving average is $49.60 and its 200 day simple moving average is $49.82.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were issued a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Friday, August 21st.

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.