241,984 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Bought by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 241,984 shares of the company’s stock, valued at approximately $11,777,000. First Trust Low Duration Opportunities ETF makes up approximately 3.1% of Fairvoy Private Wealth LLC’s holdings, making the stock its 8th biggest holding. Fairvoy Private Wealth LLC owned 0.25% of First Trust Low Duration Opportunities ETF at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. LPL Financial LLC grew its stake in First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after purchasing an additional 929,010 shares during the period. Raymond James & Associates grew its stake in First Trust Low Duration Opportunities ETF by 6.0% in the 3rd quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock valued at $40,014,000 after purchasing an additional 45,961 shares during the period. Concurrent Investment Advisors LLC grew its stake in First Trust Low Duration Opportunities ETF by 7.0% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock valued at $37,209,000 after purchasing an additional 48,939 shares during the period. Trilogy Capital Inc. grew its stake in First Trust Low Duration Opportunities ETF by 5.0% in the 3rd quarter. Trilogy Capital Inc. now owns 488,969 shares of the company’s stock valued at $24,160,000 after purchasing an additional 23,129 shares during the period. Finally, Petix & Botte Co grew its stake in First Trust Low Duration Opportunities ETF by 1.5% in the 3rd quarter. Petix & Botte Co now owns 458,366 shares of the company’s stock valued at $22,648,000 after purchasing an additional 6,792 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ:LMBS opened at $48.80 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49. The business has a fifty day moving average price of $48.70 and a two-hundred day moving average price of $48.89.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a dividend of $0.17 per share. The ex-dividend date was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%.

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.