Ashton Thomas Private Wealth LLC Acquires 4,339 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Ashton Thomas Private Wealth LLC grew its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 11.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,601 shares of the company’s stock after acquiring an additional 4,339 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. increased its stake in First Trust Low Duration Opportunities ETF by 0.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,011,574 shares of the company’s stock worth $96,656,000 after acquiring an additional 10,854 shares during the last quarter. Global Assets Advisory LLC increased its stake in First Trust Low Duration Opportunities ETF by 4,688.2% in the 1st quarter. Global Assets Advisory LLC now owns 1,290,892 shares of the company’s stock worth $62,286,000 after acquiring an additional 1,263,932 shares during the last quarter. Cetera Investment Advisers increased its stake in First Trust Low Duration Opportunities ETF by 114.6% in the 1st quarter. Cetera Investment Advisers now owns 800,093 shares of the company’s stock worth $38,604,000 after acquiring an additional 427,232 shares during the last quarter. Raymond James & Associates increased its stake in First Trust Low Duration Opportunities ETF by 1.3% in the 2nd quarter. Raymond James & Associates now owns 763,874 shares of the company’s stock worth $36,704,000 after acquiring an additional 10,148 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its stake in First Trust Low Duration Opportunities ETF by 13.1% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 704,129 shares of the company’s stock worth $33,833,000 after acquiring an additional 81,638 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ:LMBS opened at $49.31 on Tuesday. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $49.92. The stock’s 50 day simple moving average is $48.79 and its two-hundred day simple moving average is $48.31.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, August 30th. Stockholders of record on Wednesday, August 21st were issued a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date was Wednesday, August 21st.

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.