First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Acquired by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC boosted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,899 shares of the company’s stock after purchasing an additional 593 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $539,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Beacon Financial Advisory LLC lifted its position in First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock valued at $343,000 after purchasing an additional 754 shares during the last quarter. Farther Finance Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF by 691.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 15,531 shares of the company’s stock valued at $745,000 after purchasing an additional 13,569 shares during the last quarter. Oppenheimer & Co. Inc. lifted its position in First Trust Low Duration Opportunities ETF by 3.5% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 45,426 shares of the company’s stock valued at $2,183,000 after purchasing an additional 1,524 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth about $53,000. Finally, Ameritas Investment Partners Inc. raised its position in shares of First Trust Low Duration Opportunities ETF by 9.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 137,894 shares of the company’s stock worth $6,626,000 after buying an additional 11,362 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.2 %

Shares of LMBS stock traded up $0.12 during midday trading on Monday, reaching $48.75. 44,767 shares of the company were exchanged, compared to its average volume of 477,112. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49. The company’s 50 day moving average price is $49.02 and its two-hundred day moving average price is $48.71.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.17 per share. The ex-dividend date is Thursday, November 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%.

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.