First Trust Low Duration Opportunities ETF $LMBS Stock Holdings Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 22.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,046,614 shares of the company’s stock after acquiring an additional 188,522 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.90% of First Trust Low Duration Opportunities ETF worth $52,320,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in LMBS. Secure Asset Management LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 4.9% during the 4th quarter. Secure Asset Management LLC now owns 252,620 shares of the company’s stock valued at $12,628,000 after purchasing an additional 11,896 shares during the period. Center For Asset Management LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 4th quarter valued at $1,555,000. Aaron Wealth Advisors LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 30.9% during the 4th quarter. Aaron Wealth Advisors LLC now owns 458,338 shares of the company’s stock valued at $22,912,000 after purchasing an additional 108,212 shares during the period. Endowment Wealth Management Inc. increased its position in shares of First Trust Low Duration Opportunities ETF by 29.9% during the 3rd quarter. Endowment Wealth Management Inc. now owns 70,426 shares of the company’s stock valued at $3,506,000 after purchasing an additional 16,203 shares during the period. Finally, Embree Financial Group acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 4th quarter valued at $861,000.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

Shares of LMBS stock opened at $49.83 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98. The business’s fifty day moving average is $49.88 and its 200-day moving average is $50.03.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were given a dividend of $0.17 per share. The ex-dividend date was Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 4.1%.

About First Trust Low Duration Opportunities ETF

(Free Report)

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.

Further Reading

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:LMBSFree Report).

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

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