Walkner Condon Financial Advisors LLC Acquires 80,543 Shares of First Trust Low Duration Opportunities ETF $LMBS

Walkner Condon Financial Advisors LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 23.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 420,927 shares of the company’s stock after buying an additional 80,543 shares during the period. First Trust Low Duration Opportunities ETF makes up about 2.9% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 5th largest holding. Walkner Condon Financial Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $21,042,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Elevation Point Wealth Partners LLC bought a new stake in First Trust Low Duration Opportunities ETF during the third quarter worth about $22,376,000. Bank of America Corp DE increased its position in shares of First Trust Low Duration Opportunities ETF by 18.0% during the 2nd quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock worth $80,319,000 after purchasing an additional 248,784 shares during the last quarter. Vestmark Advisory Solutions Inc. increased its position in shares of First Trust Low Duration Opportunities ETF by 66.7% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 605,360 shares of the company’s stock worth $30,141,000 after purchasing an additional 242,154 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF by 6.0% during the 3rd quarter. Raymond James Financial Inc. now owns 3,810,418 shares of the company’s stock worth $189,721,000 after purchasing an additional 214,907 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF by 139.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 305,634 shares of the company’s stock worth $15,056,000 after purchasing an additional 177,987 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ:LMBS opened at $49.88 on Monday. First Trust Low Duration Opportunities ETF has a 1-year low of $48.37 and a 1-year high of $51.98. The firm has a fifty day simple moving average of $50.13 and a 200 day simple moving average of $50.04.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.17 dividend. The ex-dividend date was Thursday, March 26th. 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.