Aaron Wealth Advisors LLC Boosts Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

Aaron Wealth Advisors LLC raised its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 33.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 610,228 shares of the company’s stock after purchasing an additional 151,890 shares during the quarter. First Trust Low Duration Opportunities ETF comprises approximately 1.7% of Aaron Wealth Advisors LLC’s holdings, making the stock its 13th biggest holding. Aaron Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $30,395,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in LMBS. Fairvoy Private Wealth LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 5.6% in the 1st quarter. Fairvoy Private Wealth LLC now owns 315,355 shares of the company’s stock worth $15,708,000 after buying an additional 16,785 shares during the period. Kestra Private Wealth Services LLC grew its position in First Trust Low Duration Opportunities ETF by 7.8% during the first quarter. Kestra Private Wealth Services LLC now owns 405,775 shares of the company’s stock valued at $20,212,000 after acquiring an additional 29,361 shares during the period. RFG Advisory LLC grew its position in First Trust Low Duration Opportunities ETF by 136.5% during the first quarter. RFG Advisory LLC now owns 120,237 shares of the company’s stock valued at $5,989,000 after acquiring an additional 69,392 shares during the period. Centennial Wealth Advisory LLC increased its stake in First Trust Low Duration Opportunities ETF by 90.4% during the first quarter. Centennial Wealth Advisory LLC now owns 250,985 shares of the company’s stock worth $12,502,000 after acquiring an additional 119,195 shares during the last quarter. Finally, Faithward Advisors LLC increased its stake in First Trust Low Duration Opportunities ETF by 8.1% during the first quarter. Faithward Advisors LLC now owns 18,004 shares of the company’s stock worth $897,000 after acquiring an additional 1,356 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock opened at $49.80 on Friday. The stock’s 50-day moving average is $49.86 and its 200-day moving average is $50.01. First Trust Low Duration Opportunities ETF has a 12 month low of $47.87 and a 12 month high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be given a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, June 25th.

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.