TrueWealth Financial Partners Buys Shares of 29,784 First Trust Low Duration Opportunities ETF $LMBS

TrueWealth Financial Partners bought a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 29,784 shares of the company’s stock, valued at approximately $1,489,000. First Trust Low Duration Opportunities ETF makes up 1.2% of TrueWealth Financial Partners’ holdings, making the stock its 27th biggest position.

Several other large investors also recently added to or reduced their stakes in the stock. TrueWealth Advisors LLC grew its holdings in First Trust Low Duration Opportunities ETF by 3.7% in the 4th quarter. TrueWealth Advisors LLC now owns 5,797 shares of the company’s stock valued at $290,000 after buying an additional 209 shares in the last quarter. Condor Capital Management grew its holdings in First Trust Low Duration Opportunities ETF by 0.4% in the 3rd quarter. Condor Capital Management now owns 50,896 shares of the company’s stock valued at $2,534,000 after buying an additional 228 shares in the last quarter. Lion Street Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 5.7% during the 3rd quarter. Lion Street Advisors LLC now owns 4,398 shares of the company’s stock worth $222,000 after purchasing an additional 236 shares during the period. Valley Financial Group Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 1.9% during the 3rd quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock worth $663,000 after purchasing an additional 246 shares during the period. Finally, Koshinski Asset Management Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 5.5% during the 3rd quarter. Koshinski Asset Management Inc. now owns 5,870 shares of the company’s stock worth $292,000 after purchasing an additional 307 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.0%

NASDAQ LMBS opened at $49.89 on Thursday. First Trust Low Duration Opportunities ETF has a twelve month low of $47.87 and a twelve month high of $51.98. The stock has a fifty day simple moving average of $49.99 and a 200-day simple moving average of $50.05.

First Trust Low Duration Opportunities ETF Dividend Announcement

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