United Capital Financial Advisers LLC Purchases 78,744 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

United Capital Financial Advisers LLC raised its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 7.8% in the second quarter, Holdings Channel reports. The fund owned 1,086,324 shares of the company’s stock after buying an additional 78,744 shares during the quarter. United Capital Financial Advisers LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $56,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in LMBS. Flagship Harbor Advisors LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 33.8% in the second quarter. Flagship Harbor Advisors LLC now owns 1,365 shares of the company’s stock valued at $70,000 after buying an additional 345 shares during the period. Huntington National Bank bought a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at about $72,000. GWM Advisors LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 136.0% in the first quarter. GWM Advisors LLC now owns 106,775 shares of the company’s stock valued at $76,000 after buying an additional 61,532 shares during the period. Icon Wealth Partners LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter valued at about $84,000. Finally, Pittenger & Anderson Inc. bought a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter valued at about $84,000.

Shares of NASDAQ LMBS traded down $0.04 during mid-day trading on Thursday, hitting $51.88. The company had a trading volume of 363,919 shares, compared to its average volume of 446,548. The business’s 50-day simple moving average is $51.94 and its 200-day simple moving average is $51.56. First Trust Low Duration Opportunities ETF has a 12 month low of $50.78 and a 12 month high of $52.13.

The business also recently announced a monthly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 22nd were paid a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.31%. The ex-dividend date was Wednesday, August 21st.

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Want to see what other hedge funds are holding LMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS).

Institutional Ownership by Quarter for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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