Inspirion Wealth Advisors LLC Boosts Position in First Trust Low Duration Opportunities ETF $LMBS

Inspirion Wealth Advisors LLC raised its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 6.3% during the 2nd quarter, Holdings Channel reports. The firm owned 420,465 shares of the company’s stock after acquiring an additional 24,817 shares during the quarter. First Trust Low Duration Opportunities ETF comprises about 2.4% of Inspirion Wealth Advisors LLC’s holdings, making the stock its 11th biggest position. Inspirion Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $20,889,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Center For Asset Management LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the 4th quarter worth about $1,555,000. Friedenthal Financial lifted its holdings in First Trust Low Duration Opportunities ETF by 118.8% in the 4th quarter. Friedenthal Financial now owns 165,186 shares of the company’s stock valued at $8,258,000 after purchasing an additional 89,706 shares in the last quarter. Prism Advisors Inc. lifted its holdings in First Trust Low Duration Opportunities ETF by 10.4% in the 4th quarter. Prism Advisors Inc. now owns 305,394 shares of the company’s stock valued at $15,267,000 after purchasing an additional 28,886 shares in the last quarter. Atwood & Palmer Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 85.6% during the 4th quarter. Atwood & Palmer Inc. now owns 30,825 shares of the company’s stock worth $1,541,000 after purchasing an additional 14,220 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 23.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 314,039 shares of the company’s stock worth $15,699,000 after purchasing an additional 59,371 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.3%

Shares of NASDAQ LMBS opened at $49.71 on Thursday. First Trust Low Duration Opportunities ETF has a 12 month low of $47.87 and a 12 month high of $51.98. The company has a 50-day simple moving average of $49.71 and a 200-day simple moving average of $49.93.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, July 21st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

First Trust Low Duration Opportunities ETF Profile

(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.

See Also

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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