Iams Wealth Management LLC Boosts Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Iams Wealth Management LLC grew its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 9.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,943 shares of the company’s stock after purchasing an additional 5,005 shares during the period. First Trust Low Duration Opportunities ETF makes up about 1.3% of Iams Wealth Management LLC’s holdings, making the stock its 18th largest holding. Iams Wealth Management LLC owned approximately 0.06% of First Trust Low Duration Opportunities ETF worth $2,771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Beacon Financial Advisory LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 12.2% in the third quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock valued at $343,000 after purchasing an additional 754 shares in the last quarter. Claro Advisors LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 2.9% in the fourth quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock valued at $431,000 after purchasing an additional 249 shares in the last quarter. TFB Advisors LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 13.8% in the third quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock valued at $657,000 after purchasing an additional 1,613 shares in the last quarter. TL Private Wealth grew its position in shares of First Trust Low Duration Opportunities ETF by 0.9% in the third quarter. TL Private Wealth now owns 305,513 shares of the company’s stock valued at $14,943,000 after purchasing an additional 2,686 shares in the last quarter. Finally, Braun Bostich & Associates Inc. grew its position in shares of First Trust Low Duration Opportunities ETF by 10.8% in the third quarter. Braun Bostich & Associates Inc. now owns 80,476 shares of the company’s stock valued at $3,976,000 after purchasing an additional 7,824 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.3 %

Shares of First Trust Low Duration Opportunities ETF stock opened at $48.72 on Wednesday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49. The stock has a 50 day moving average of $48.70 and a 200 day moving average of $48.89.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be given a $0.17 dividend. The ex-dividend date is Wednesday, January 22nd. This represents a $2.04 annualized dividend and a yield of 4.19%.

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.