First Trust Low Duration Opportunities ETF $LMBS is Walkner Condon Financial Advisors LLC’s 5th Largest Position

Walkner Condon Financial Advisors LLC raised its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 340,384 shares of the company’s stock after purchasing an additional 32,853 shares during the quarter. First Trust Low Duration Opportunities ETF comprises about 2.7% of Walkner Condon Financial Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Walkner Condon Financial Advisors LLC owned 0.31% of First Trust Low Duration Opportunities ETF worth $16,948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Nations Financial Group Inc. IA ADV raised its holdings in shares of First Trust Low Duration Opportunities ETF by 4.4% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 28,990 shares of the company’s stock valued at $1,443,000 after buying an additional 1,231 shares during the period. Insight Inv LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 48.1% in the 3rd quarter. Insight Inv LLC now owns 38,167 shares of the company’s stock worth $1,900,000 after acquiring an additional 12,397 shares during the period. Csenge Advisory Group grew its position in First Trust Low Duration Opportunities ETF by 4.3% in the third quarter. Csenge Advisory Group now owns 768,104 shares of the company’s stock valued at $38,244,000 after acquiring an additional 31,611 shares in the last quarter. EdgeRock Capital LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 2.5% during the third quarter. EdgeRock Capital LLC now owns 140,787 shares of the company’s stock valued at $7,010,000 after purchasing an additional 3,396 shares during the period. Finally, Morey & Quinn Wealth Partners LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 6.0% during the third quarter. Morey & Quinn Wealth Partners LLC now owns 17,826 shares of the company’s stock valued at $888,000 after purchasing an additional 1,016 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock opened at $50.22 on Friday. The firm has a fifty day simple moving average of $50.03 and a 200-day simple moving average of $49.78. First Trust Low Duration Opportunities ETF has a twelve month low of $48.37 and a twelve month high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.17 per share. The ex-dividend date was Friday, December 12th. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.