Core Wealth Partners LLC Has $1.25 Million Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Core Wealth Partners LLC grew its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,773 shares of the company’s stock after buying an additional 1,645 shares during the period. Core Wealth Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,254,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at $47,000. Riggs Asset Managment Co. Inc. grew its stake in First Trust Low Duration Opportunities ETF by 16.2% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock valued at $87,000 after buying an additional 250 shares during the last quarter. Synergy Investment Management LLC bought a new position in First Trust Low Duration Opportunities ETF in the 4th quarter valued at about $116,000. Kestra Investment Management LLC acquired a new stake in First Trust Low Duration Opportunities ETF during the fourth quarter worth approximately $127,000. Finally, Marshall Investment Management LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth approximately $131,000.

First Trust Low Duration Opportunities ETF Stock Up 0.1 %

First Trust Low Duration Opportunities ETF stock opened at $49.20 on Wednesday. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49. The stock’s 50 day moving average is $48.89 and its 200-day moving average is $48.91.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a yield of 4.15%. The ex-dividend date of this dividend was Friday, February 21st.

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.