First Trust Low Duration Opportunities ETF $LMBS Stock: Ashton Thomas Private Wealth LLC Grows Stake

Ashton Thomas Private Wealth LLC raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 14.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 254,299 shares of the company’s stock after acquiring an additional 32,782 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $12,323,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the third quarter worth approximately $78,781,000. International Assets Investment Management LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 4,412.0% in the third quarter. International Assets Investment Management LLC now owns 600,000 shares of the company’s stock valued at $29,076,000 after purchasing an additional 586,702 shares during the last quarter. Financial Enhancement Group LLC acquired a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth approximately $26,082,000. Royal Bank of Canada increased its holdings in First Trust Low Duration Opportunities ETF by 13.0% during the first quarter. Royal Bank of Canada now owns 3,242,866 shares of the company’s stock worth $161,527,000 after buying an additional 372,725 shares during the last quarter. Finally, Commonwealth Financial Services LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 7,161.8% in the first quarter. Commonwealth Financial Services LLC now owns 294,031 shares of the company’s stock worth $14,646,000 after purchasing an additional 289,982 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

LMBS opened at $49.14 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $47.60 and a 1 year high of $51.98. The business’s 50-day moving average is $48.93 and its two-hundred day moving average is $49.65.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Wednesday, October 21st were paid a dividend of $0.17 per share. The ex-dividend date was Wednesday, October 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.2%.

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.