Long Run Wealth Advisors LLC Has $13.48 Million Stake in First Trust Low Duration Opportunities ETF $LMBS

Long Run Wealth Advisors LLC raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 8.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 270,686 shares of the company’s stock after acquiring an additional 21,540 shares during the period. First Trust Low Duration Opportunities ETF comprises 2.6% of Long Run Wealth Advisors LLC’s holdings, making the stock its 10th biggest holding. Long Run Wealth Advisors LLC owned approximately 0.25% of First Trust Low Duration Opportunities ETF worth $13,477,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Summit Financial LLC raised its holdings in First Trust Low Duration Opportunities ETF by 528.0% in the 1st quarter. Summit Financial LLC now owns 171,090 shares of the company’s stock valued at $8,411,000 after buying an additional 143,845 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in First Trust Low Duration Opportunities ETF by 23.1% during the 1st quarter. Kestra Advisory Services LLC now owns 235,597 shares of the company’s stock worth $11,582,000 after acquiring an additional 44,175 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in First Trust Low Duration Opportunities ETF by 13.3% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 796,139 shares of the company’s stock valued at $39,138,000 after acquiring an additional 93,675 shares during the period. Comerica Bank increased its position in First Trust Low Duration Opportunities ETF by 13.6% in the 1st quarter. Comerica Bank now owns 193,195 shares of the company’s stock valued at $9,497,000 after acquiring an additional 23,203 shares during the period. Finally, Per Stirling Capital Management LLC. raised its stake in shares of First Trust Low Duration Opportunities ETF by 4.3% during the first quarter. Per Stirling Capital Management LLC. now owns 79,567 shares of the company’s stock valued at $3,912,000 after acquiring an additional 3,267 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.0%

Shares of NASDAQ:LMBS opened at $49.99 on Friday. First Trust Low Duration Opportunities ETF has a 52 week low of $48.32 and a 52 week high of $50.25. The firm’s fifty day moving average is $50.00 and its 200-day moving average is $49.63.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be given a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Friday, December 12th.

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.