Coppell Advisory Solutions LLC Has $2.98 Million Stake in First Trust Low Duration Opportunities ETF $LMBS

Coppell Advisory Solutions LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 44.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,565 shares of the company’s stock after buying an additional 18,492 shares during the quarter. Coppell Advisory Solutions LLC owned approximately 0.06% of First Trust Low Duration Opportunities ETF worth $2,978,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. raised its position in shares of First Trust Low Duration Opportunities ETF by 11.2% during the first quarter. Raymond James Financial Inc. now owns 3,410,262 shares of the company’s stock worth $167,648,000 after acquiring an additional 343,406 shares during the last quarter. Bank of America Corp DE raised its holdings in First Trust Low Duration Opportunities ETF by 18.0% during the 2nd quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock worth $80,319,000 after purchasing an additional 248,784 shares during the last quarter. Vestmark Advisory Solutions Inc. lifted its position in shares of First Trust Low Duration Opportunities ETF by 104.0% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 363,206 shares of the company’s stock worth $17,892,000 after purchasing an additional 185,184 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 139.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 305,634 shares of the company’s stock valued at $15,056,000 after purchasing an additional 177,987 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the second quarter worth $8,650,000.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $49.86 on Friday. The firm has a fifty day simple moving average of $49.99 and a 200 day simple moving average of $49.60. First Trust Low Duration Opportunities ETF has a twelve month low of $48.32 and a twelve month high of $50.25.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be paid a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, December 12th.

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.