First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Stock Holdings Lifted by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 10,899 shares of the company’s stock after buying an additional 593 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $539,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Independent Advisor Alliance grew its position in First Trust Low Duration Opportunities ETF by 6.0% during the third quarter. Independent Advisor Alliance now owns 145,694 shares of the company’s stock valued at $7,199,000 after purchasing an additional 8,217 shares in the last quarter. Prosperity Financial Group Inc. grew its position in First Trust Low Duration Opportunities ETF by 6.8% during the third quarter. Prosperity Financial Group Inc. now owns 104,113 shares of the company’s stock valued at $5,144,000 after purchasing an additional 6,672 shares in the last quarter. Kingsview Wealth Management LLC grew its position in First Trust Low Duration Opportunities ETF by 34.4% during the third quarter. Kingsview Wealth Management LLC now owns 255,230 shares of the company’s stock valued at $12,611,000 after purchasing an additional 65,287 shares in the last quarter. Cerity Partners LLC grew its position in First Trust Low Duration Opportunities ETF by 24.4% during the third quarter. Cerity Partners LLC now owns 382,949 shares of the company’s stock valued at $18,922,000 after purchasing an additional 75,143 shares in the last quarter. Finally, LPL Financial LLC grew its position in First Trust Low Duration Opportunities ETF by 12.2% in the third quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after acquiring an additional 929,010 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock traded up $0.12 during trading hours on Monday, hitting $48.75. The company’s stock had a trading volume of 44,767 shares, compared to its average volume of 477,112. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49. The stock has a 50 day moving average price of $49.02 and a two-hundred day moving average price of $48.71.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be paid a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date is Thursday, November 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.