Aaron Wealth Advisors LLC Has $12.33 Million Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Aaron Wealth Advisors LLC lessened its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.8% in the fourth quarter, HoldingsChannel reports. The fund owned 253,270 shares of the company’s stock after selling 15,730 shares during the quarter. First Trust Low Duration Opportunities ETF makes up approximately 1.4% of Aaron Wealth Advisors LLC’s holdings, making the stock its 13th largest holding. Aaron Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $12,327,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in LMBS. AE Wealth Management LLC grew its stake in First Trust Low Duration Opportunities ETF by 5.0% in the second quarter. AE Wealth Management LLC now owns 281,809 shares of the company’s stock valued at $13,541,000 after acquiring an additional 13,378 shares during the period. Ameritas Investment Partners Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 9.0% in the second quarter. Ameritas Investment Partners Inc. now owns 137,894 shares of the company’s stock valued at $6,626,000 after purchasing an additional 11,362 shares in the last quarter. Treynor Bancshares Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 9.0% in the second quarter. Treynor Bancshares Inc. now owns 63,918 shares of the company’s stock valued at $3,071,000 after purchasing an additional 5,293 shares in the last quarter. Raab & Moskowitz Asset Management LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 15.1% in the second quarter. Raab & Moskowitz Asset Management LLC now owns 10,692 shares of the company’s stock valued at $514,000 after purchasing an additional 1,404 shares in the last quarter. Finally, Susquehanna International Group LLP bought a new position in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at approximately $7,337,000.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock opened at $48.72 on Friday. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49. The stock’s 50 day moving average is $48.71 and its 200-day moving average is $48.87.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.17 per share. The ex-dividend date was Friday, December 13th. This represents a $2.04 dividend on an annualized basis and a yield of 4.19%.

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.