Golden State Equity Partners Makes New $2.21 Million Investment in First Trust Low Duration Opportunities ETF $LMBS

Golden State Equity Partners bought a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 44,411 shares of the company’s stock, valued at approximately $2,211,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 6.1% in the second quarter. Ashton Thomas Private Wealth LLC now owns 128,132 shares of the company’s stock worth $6,312,000 after buying an additional 7,333 shares during the period. Signal Advisors Wealth LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 23.4% in the 2nd quarter. Signal Advisors Wealth LLC now owns 5,657 shares of the company’s stock worth $279,000 after acquiring an additional 1,073 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 15.9% in the 2nd quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock valued at $213,000 after purchasing an additional 593 shares during the period. Anfield Capital Management LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 2.4% during the second quarter. Anfield Capital Management LLC now owns 81,655 shares of the company’s stock valued at $4,022,000 after purchasing an additional 1,879 shares in the last quarter. Finally, TL Private Wealth boosted its position in shares of First Trust Low Duration Opportunities ETF by 10.0% during the third quarter. TL Private Wealth now owns 328,364 shares of the company’s stock valued at $16,421,000 after purchasing an additional 29,884 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.1%

LMBS opened at $49.99 on Friday. The stock has a fifty day simple moving average of $49.99 and a two-hundred day simple moving average of $49.70. First Trust Low Duration Opportunities ETF has a 12-month low of $48.32 and a 12-month high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.17 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, December 12th.

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.