Kestra Private Wealth Services LLC Has $12.25 Million Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Kestra Private Wealth Services LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 0.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 253,571 shares of the company’s stock after buying an additional 438 shares during the quarter. Kestra Private Wealth Services LLC owned 0.31% of First Trust Low Duration Opportunities ETF worth $12,253,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. CWM LLC increased its stake in First Trust Low Duration Opportunities ETF by 26.2% in the 3rd quarter. CWM LLC now owns 3,979 shares of the company’s stock valued at $188,000 after buying an additional 826 shares during the period. Atlas Private Wealth Management raised its holdings in shares of First Trust Low Duration Opportunities ETF by 2.0% during the third quarter. Atlas Private Wealth Management now owns 156,809 shares of the company’s stock worth $7,408,000 after acquiring an additional 3,147 shares in the last quarter. Moneywise Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 3.1% during the third quarter. Moneywise Inc. now owns 26,718 shares of the company’s stock worth $1,262,000 after acquiring an additional 811 shares in the last quarter. Stratos Wealth Advisors LLC boosted its position in First Trust Low Duration Opportunities ETF by 0.9% during the third quarter. Stratos Wealth Advisors LLC now owns 232,306 shares of the company’s stock valued at $10,974,000 after purchasing an additional 2,098 shares during the last quarter. Finally, W.H. Cornerstone Investments Inc. purchased a new position in First Trust Low Duration Opportunities ETF in the third quarter valued at about $224,000.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock traded up $0.04 during mid-day trading on Monday, hitting $47.64. The stock had a trading volume of 392,344 shares, compared to its average volume of 514,187. First Trust Low Duration Opportunities ETF has a 1-year low of $46.58 and a 1-year high of $48.55. The company has a fifty day moving average of $48.02 and a 200 day moving average of $47.86.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th will be issued a $0.175 dividend. The ex-dividend date is Tuesday, April 23rd. This represents a $2.10 dividend on an annualized basis and a yield of 4.41%.

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.