Ashton Thomas Private Wealth LLC Raises Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Ashton Thomas Private Wealth LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 81.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 77,418 shares of the company’s stock after purchasing an additional 34,817 shares during the period. Ashton Thomas Private Wealth LLC owned approximately 0.08% of First Trust Low Duration Opportunities ETF worth $3,825,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hershey Financial Advisers LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter valued at about $30,000. Hilltop National Bank purchased a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter valued at about $42,000. Chris Bulman Inc purchased a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter worth approximately $43,000. Triad Wealth Partners LLC purchased a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter worth approximately $44,000. Finally, GAMMA Investing LLC purchased a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter worth approximately $62,000.

First Trust Low Duration Opportunities ETF Price Performance

LMBS opened at $48.80 on Tuesday. The company’s 50 day simple moving average is $49.13 and its two-hundred day simple 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 company also recently declared a monthly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were given a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a dividend yield of 4.18%. The ex-dividend date was Tuesday, October 22nd.

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.