Steward Partners Investment Advisory LLC Grows Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Steward Partners Investment Advisory LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 193.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,889 shares of the company’s stock after purchasing an additional 76,441 shares during the period. Steward Partners Investment Advisory LLC owned approximately 0.12% of First Trust Low Duration Opportunities ETF worth $5,640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 10.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 255,336 shares of the company’s stock valued at $12,616,000 after buying an additional 24,982 shares during the period. Moloney Securities Asset Management LLC raised its position in First Trust Low Duration Opportunities ETF by 60.4% during the third quarter. Moloney Securities Asset Management LLC now owns 7,683 shares of the company’s stock valued at $380,000 after acquiring an additional 2,894 shares in the last quarter. Long Run Wealth Advisors LLC acquired a new position in First Trust Low Duration Opportunities ETF in the third quarter valued at approximately $10,901,000. Beacon Financial Advisory LLC boosted 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 worth $343,000 after purchasing an additional 754 shares in the last quarter. Finally, Maia Wealth LLC grew its stake in shares of First Trust Low Duration Opportunities ETF by 99.8% during the 3rd quarter. Maia Wealth LLC now owns 19,819 shares of the company’s stock worth $967,000 after purchasing an additional 9,901 shares during the period.

First Trust Low Duration Opportunities ETF Stock Down 0.2 %

NASDAQ:LMBS opened at $49.05 on Thursday. The company has a 50 day moving average price of $48.73 and a 200-day moving average price of $48.90. 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 Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a $0.17 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.04 dividend on an annualized basis and a yield of 4.16%.

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.