91,544 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Purchased by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC bought a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 91,544 shares of the company’s stock, valued at approximately $4,455,000. Strategic Financial Concepts LLC owned 0.09% of First Trust Low Duration Opportunities ETF at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Silver Oak Securities Incorporated raised its stake in shares of First Trust Low Duration Opportunities ETF by 8.4% during the 4th quarter. Silver Oak Securities Incorporated now owns 102,370 shares of the company’s stock worth $4,975,000 after buying an additional 7,960 shares during the last quarter. Beacon Financial Advisory LLC increased its holdings in First Trust Low Duration Opportunities ETF by 34.1% during the 4th quarter. Beacon Financial Advisory LLC now owns 9,311 shares of the company’s stock valued at $453,000 after acquiring an additional 2,369 shares in the last quarter. Long Run Wealth Advisors LLC raised its position in First Trust Low Duration Opportunities ETF by 2.3% during the fourth quarter. Long Run Wealth Advisors LLC now owns 225,768 shares of the company’s stock worth $10,988,000 after acquiring an additional 5,150 shares during the last quarter. Centennial Wealth Advisory LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 146.5% in the fourth quarter. Centennial Wealth Advisory LLC now owns 23,192 shares of the company’s stock valued at $1,129,000 after purchasing an additional 13,784 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 69.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 15,638 shares of the company’s stock valued at $761,000 after purchasing an additional 6,429 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

Shares of NASDAQ:LMBS opened at $48.76 on Monday. The business’s fifty day moving average price is $48.69 and its two-hundred day moving average price is $48.89. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

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.