Good Life Advisors LLC Buys 8,058 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Good Life Advisors LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Get Rating) by 5.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 164,483 shares of the company’s stock after purchasing an additional 8,058 shares during the quarter. First Trust Low Duration Opportunities ETF comprises 1.1% of Good Life Advisors LLC’s portfolio, making the stock its 17th biggest holding. Good Life Advisors LLC owned 0.17% of First Trust Low Duration Opportunities ETF worth $7,798,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in LMBS. Legacy Capital Wealth Partners LLC increased its stake in First Trust Low Duration Opportunities ETF by 0.3% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 81,554 shares of the company’s stock valued at $3,866,000 after purchasing an additional 238 shares during the last quarter. Ifrah Financial Services Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 0.7% during the third quarter. Ifrah Financial Services Inc. now owns 33,821 shares of the company’s stock valued at $1,601,000 after buying an additional 241 shares in the last quarter. Arbor Capital Management Inc. ADV boosted its position in First Trust Low Duration Opportunities ETF by 3.8% during the third quarter. Arbor Capital Management Inc. ADV now owns 7,448 shares of the company’s stock valued at $354,000 after purchasing an additional 271 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its position in shares of First Trust Low Duration Opportunities ETF by 3.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 8,940 shares of the company’s stock worth $424,000 after buying an additional 299 shares during the last quarter. Finally, Friedenthal Financial lifted its position in shares of First Trust Low Duration Opportunities ETF by 0.9% during the 4th quarter. Friedenthal Financial now owns 45,868 shares of the company’s stock worth $2,175,000 after purchasing an additional 426 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.0 %

LMBS traded down $0.01 on Friday, hitting $47.51. 610,475 shares of the stock traded hands, compared to its average volume of 643,938. First Trust Low Duration Opportunities ETF has a 52 week low of $46.62 and a 52 week high of $48.74. The business has a fifty day moving average price of $48.00 and a two-hundred day moving average price of $47.91.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 31st. Investors of record on Wednesday, May 24th will be given a dividend of $0.135 per share. The ex-dividend date is Tuesday, May 23rd. This represents a $1.62 dividend on an annualized basis and a yield of 3.41%.

About First Trust Low Duration Opportunities ETF

(Get Rating)

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.