Kestra Private Wealth Services LLC Boosts Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Kestra Private Wealth Services LLC grew its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 299,995 shares of the company’s stock after purchasing an additional 27,798 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $14,601,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in LMBS. Beacon Financial Advisory LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 12.2% in the third quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock worth $343,000 after acquiring an additional 754 shares in the last quarter. Claro Advisors LLC boosted its stake in First Trust Low Duration Opportunities ETF by 2.9% in the 4th quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock worth $431,000 after purchasing an additional 249 shares in the last quarter. TFB Advisors LLC increased its stake in First Trust Low Duration Opportunities ETF by 13.8% during the 3rd quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock valued at $657,000 after purchasing an additional 1,613 shares in the last quarter. Braun Bostich & Associates Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 10.8% in the third quarter. Braun Bostich & Associates Inc. now owns 80,476 shares of the company’s stock worth $3,976,000 after buying an additional 7,824 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 2.0% during the third quarter. HighTower Advisors LLC now owns 349,475 shares of the company’s stock valued at $17,273,000 after buying an additional 6,854 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $48.76 on Friday. The stock’s fifty day moving average price is $48.69 and its 200 day moving average price is $48.89. 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 disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were issued a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date was Wednesday, January 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.