First Trust Low Duration Opportunities ETF $LMBS Stock Holdings Boosted by Elevation Capital Advisory LLC

Elevation Capital Advisory LLC lifted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 266.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 32,869 shares of the company’s stock after acquiring an additional 23,890 shares during the period. Elevation Capital Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,619,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. SouthState Corp bought a new position in shares of First Trust Low Duration Opportunities ETF during the first quarter worth about $82,000. Rossby Financial LCC bought a new position in shares of First Trust Low Duration Opportunities ETF during the first quarter worth about $87,000. Clarity Capital Partners LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the first quarter worth about $203,000. Rathbones Group PLC bought a new position in First Trust Low Duration Opportunities ETF in the 1st quarter valued at about $209,000. Finally, Parallel Advisors LLC grew its position in First Trust Low Duration Opportunities ETF by 15.9% in the 2nd quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock valued at $213,000 after buying an additional 593 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

Shares of LMBS opened at $50.16 on Monday. The firm has a 50-day moving average price of $49.76 and a 200 day moving average price of $49.29. First Trust Low Duration Opportunities ETF has a 52-week low of $48.32 and a 52-week high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a $0.17 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, September 25th.

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.