BostonPremier Wealth LLC Makes New $5.60 Million Investment in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

BostonPremier Wealth LLC bought a new position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 115,133 shares of the company’s stock, valued at approximately $5,604,000. First Trust Low Duration Opportunities ETF accounts for approximately 3.4% of BostonPremier Wealth LLC’s portfolio, making the stock its 10th largest holding.

Other large investors have also added to or reduced their stakes in the company. Kestra Private Wealth Services LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 10.2% during the fourth quarter. Kestra Private Wealth Services LLC now owns 299,995 shares of the company’s stock valued at $14,601,000 after acquiring an additional 27,798 shares in the last quarter. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Low Duration Opportunities ETF during the fourth quarter valued at about $47,000. Apollon Wealth Management LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 97.7% in the fourth quarter. Apollon Wealth Management LLC now owns 57,128 shares of the company’s stock worth $2,780,000 after buying an additional 28,233 shares during the last quarter. Mainsail Financial Group LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 7.3% in the fourth quarter. Mainsail Financial Group LLC now owns 113,728 shares of the company’s stock worth $5,535,000 after buying an additional 7,753 shares during the last quarter. Finally, Fairvoy Private Wealth LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth $11,777,000.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $48.75 on Tuesday. The stock’s fifty day moving average price is $48.69 and its 200 day moving average price is $48.90. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were issued a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date was Wednesday, January 22nd.

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.