First Trust Low Duration Opportunities ETF $LMBS Stock Position Increased by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC raised its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.2% in the second quarter, Holdings Channel reports. The institutional investor owned 307,531 shares of the company’s stock after buying an additional 28,492 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 2.8% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 5th biggest position. Walkner Condon Financial Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $15,149,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 6.1% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 128,132 shares of the company’s stock valued at $6,312,000 after acquiring an additional 7,333 shares during the last quarter. Signal Advisors Wealth LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 23.4% during the second quarter. Signal Advisors Wealth LLC now owns 5,657 shares of the company’s stock valued at $279,000 after purchasing an additional 1,073 shares during the last quarter. Parallel Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF by 15.9% during the second quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock valued at $213,000 after purchasing an additional 593 shares during the period. Harbour Investments Inc. boosted its holdings in First Trust Low Duration Opportunities ETF by 3.2% in the second quarter. Harbour Investments Inc. now owns 469,605 shares of the company’s stock worth $23,133,000 after purchasing an additional 14,432 shares during the last quarter. Finally, US Bancorp DE grew its position in First Trust Low Duration Opportunities ETF by 235.4% in the 2nd quarter. US Bancorp DE now owns 11,358 shares of the company’s stock worth $559,000 after purchasing an additional 7,972 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock opened at $49.98 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $48.32 and a 1 year high of $50.25. The stock’s fifty day moving average price is $49.90 and its 200-day moving average price is $49.40.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Tuesday, October 21st were issued a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Tuesday, October 21st.

About First Trust Low Duration Opportunities ETF

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.