First Trust Low Duration Opportunities ETF $LMBS Shares Bought by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 315,355 shares of the company’s stock after purchasing an additional 16,785 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for approximately 3.7% of Fairvoy Private Wealth LLC’s investment portfolio, making the stock its 4th biggest holding. Fairvoy Private Wealth LLC owned 0.26% of First Trust Low Duration Opportunities ETF worth $15,708,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LMBS. Betterment LLC raised its position in First Trust Low Duration Opportunities ETF by 11.4% during the second quarter. Betterment LLC now owns 6,674 shares of the company’s stock valued at $329,000 after acquiring an additional 681 shares in the last quarter. Darwin Wealth Management LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the 2nd quarter worth approximately $8,409,000. Raymond James Financial Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 5.4% during the 2nd quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock worth $177,115,000 after purchasing an additional 185,249 shares during the period. Jane Street Group LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth approximately $890,000. Finally, Bank of America Corp DE increased its holdings in shares of 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 valued at $80,319,000 after purchasing an additional 248,784 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.3%

LMBS opened at $49.80 on Friday. The firm has a fifty day moving average price of $49.86 and a 200 day moving average price of $50.01. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

About First Trust Low Duration Opportunities ETF

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.