Creative Financial Designs Inc. ADV Purchases 591 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Creative Financial Designs Inc. ADV increased its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,284 shares of the company’s stock after purchasing an additional 591 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in First Trust Low Duration Opportunities ETF were worth $508,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. City Holding Co. raised its holdings in First Trust Low Duration Opportunities ETF by 0.7% in the 2nd quarter. City Holding Co. now owns 40,370 shares of the company’s stock valued at $1,939,000 after acquiring an additional 300 shares during the period. Waterloo Capital L.P. raised its holdings in First Trust Low Duration Opportunities ETF by 6.5% in the 2nd quarter. Waterloo Capital L.P. now owns 5,827 shares of the company’s stock valued at $280,000 after acquiring an additional 358 shares during the period. Richard W. Paul & Associates LLC raised its holdings in First Trust Low Duration Opportunities ETF by 1.8% in the 3rd quarter. Richard W. Paul & Associates LLC now owns 26,901 shares of the company’s stock valued at $1,329,000 after acquiring an additional 465 shares during the period. Palisade Asset Management LLC bought a new position in First Trust Low Duration Opportunities ETF in the 1st quarter valued at about $25,000. Finally, Axxcess Wealth Management LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 3.4% during the 1st quarter. Axxcess Wealth Management LLC now owns 16,070 shares of the company’s stock worth $775,000 after purchasing an additional 521 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ:LMBS opened at $48.55 on Friday. The company’s 50 day moving average price is $49.17 and its two-hundred day moving average price is $48.61. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, October 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.20%.

First Trust Low Duration Opportunities ETF Company 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.