Aaron Wealth Advisors LLC Grows Position in First Trust Low Duration Opportunities ETF $LMBS

Aaron Wealth Advisors LLC increased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 30.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 458,338 shares of the company’s stock after buying an additional 108,212 shares during the quarter. First Trust Low Duration Opportunities ETF comprises about 1.3% of Aaron Wealth Advisors LLC’s portfolio, making the stock its 15th largest holding. Aaron Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $22,912,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. TrueWealth Advisors LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 3.7% during the fourth quarter. TrueWealth Advisors LLC now owns 5,797 shares of the company’s stock worth $290,000 after buying an additional 209 shares during the period. Iams Wealth Management LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 0.6% in the third quarter. Iams Wealth Management LLC now owns 37,073 shares of the company’s stock valued at $1,846,000 after purchasing an additional 212 shares in the last quarter. Condor Capital Management boosted its holdings in First Trust Low Duration Opportunities ETF by 0.4% in the third quarter. Condor Capital Management now owns 50,896 shares of the company’s stock valued at $2,534,000 after purchasing an additional 228 shares in the last quarter. Lion Street Advisors LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 5.7% in the third quarter. Lion Street Advisors LLC now owns 4,398 shares of the company’s stock valued at $222,000 after purchasing an additional 236 shares in the last quarter. Finally, Valley Financial Group Inc. boosted its holdings in First Trust Low Duration Opportunities ETF by 1.9% in the third quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock valued at $663,000 after purchasing an additional 246 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.0%

Shares of LMBS opened at $49.87 on Tuesday. The stock has a 50 day moving average price of $50.13 and a 200 day moving average price of $50.04. First Trust Low Duration Opportunities ETF has a 52-week low of $48.37 and a 52-week high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.17 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, March 26th.

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.