First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Bought by Inspirion Wealth Advisors LLC

Inspirion Wealth Advisors LLC grew its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.1% during the 2nd quarter, Holdings Channel reports. The fund owned 275,894 shares of the company’s stock after purchasing an additional 3,083 shares during the period. First Trust Low Duration Opportunities ETF makes up about 2.0% of Inspirion Wealth Advisors LLC’s holdings, making the stock its 14th largest holding. Inspirion Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $13,257,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new stake in First Trust Low Duration Opportunities ETF in the 4th quarter worth approximately $1,258,000. Harbor Investment Advisory LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 26.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,155 shares of the company’s stock worth $104,000 after buying an additional 445 shares in the last quarter. Cerity Partners LLC grew its position in First Trust Low Duration Opportunities ETF by 60.2% during the fourth quarter. Cerity Partners LLC now owns 213,928 shares of the company’s stock valued at $10,337,000 after buying an additional 80,405 shares during the period. PFS Partners LLC increased its holdings in First Trust Low Duration Opportunities ETF by 2.1% in the fourth quarter. PFS Partners LLC now owns 152,544 shares of the company’s stock valued at $7,371,000 after buying an additional 3,120 shares in the last quarter. Finally, Friedenthal Financial raised its position in shares of First Trust Low Duration Opportunities ETF by 1.8% in the fourth quarter. Friedenthal Financial now owns 50,420 shares of the company’s stock worth $2,436,000 after acquiring an additional 874 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of First Trust Low Duration Opportunities ETF stock traded up $0.04 on Friday, hitting $48.92. The company’s stock had a trading volume of 304,888 shares, compared to its average volume of 464,657. The firm has a fifty day moving average price of $48.44 and a 200-day moving average price of $48.18. First Trust Low Duration Opportunities ETF has a 1 year low of $46.58 and a 1 year high of $49.92.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 23rd were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, July 23rd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.17%.

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.