Keystone Wealth Services LLC Acquires 1,244 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Keystone Wealth Services LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 61,916 shares of the company’s stock after acquiring an additional 1,244 shares during the quarter. First Trust Low Duration Opportunities ETF makes up approximately 0.9% of Keystone Wealth Services LLC’s holdings, making the stock its 25th biggest holding. Keystone Wealth Services LLC owned about 0.07% of First Trust Low Duration Opportunities ETF worth $2,975,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Inspirion Wealth Advisors LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 1.1% in the second quarter. Inspirion Wealth Advisors LLC now owns 275,894 shares of the company’s stock valued at $13,257,000 after acquiring an additional 3,083 shares in the last quarter. City Holding Co. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 0.7% in the 2nd quarter. City Holding Co. now owns 40,370 shares of the company’s stock valued at $1,939,000 after purchasing an additional 300 shares in the last quarter. Csenge Advisory Group lifted its position in shares of First Trust Low Duration Opportunities ETF by 1.6% in the 2nd quarter. Csenge Advisory Group now owns 696,529 shares of the company’s stock worth $33,468,000 after purchasing an additional 11,278 shares during the period. Simplicity Wealth LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter valued at approximately $440,000. Finally, Dominguez Wealth Management Solutions Inc. increased its holdings in First Trust Low Duration Opportunities ETF by 1.1% during the second quarter. Dominguez Wealth Management Solutions Inc. now owns 66,198 shares of the company’s stock valued at $3,181,000 after buying an additional 727 shares during the period.

First Trust Low Duration Opportunities ETF Stock Up 0.1 %

NASDAQ LMBS traded up $0.04 during midday trading on Friday, hitting $48.92. 304,888 shares of the company traded hands, compared to its average volume of 464,657. First Trust Low Duration Opportunities ETF has a 52 week low of $46.58 and a 52 week high of $49.92. The company’s 50-day simple moving average is $48.44 and its 200-day simple moving average is $48.18.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 23rd were given a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date was Tuesday, July 23rd.

About First Trust Low Duration Opportunities ETF

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.