First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Purchased by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC grew its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 81.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 77,418 shares of the company’s stock after buying an additional 34,817 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $3,825,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Hershey Financial Advisers LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the second quarter worth about $30,000. Hilltop National Bank purchased a new position in First Trust Low Duration Opportunities ETF during the second quarter worth approximately $42,000. Chris Bulman Inc purchased a new position in First Trust Low Duration Opportunities ETF during the second quarter worth approximately $43,000. Triad Wealth Partners LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter valued at $44,000. Finally, GAMMA Investing LLC acquired a new stake in First Trust Low Duration Opportunities ETF during the 2nd quarter valued at $62,000.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $48.80 on Tuesday. The firm’s 50-day moving average is $49.13 and its 200-day moving average is $48.66. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were paid a $0.17 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $2.04 annualized dividend and a dividend yield of 4.18%.

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.