Beacon Financial Advisory LLC Buys 2,369 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Beacon Financial Advisory LLC raised its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 34.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,311 shares of the company’s stock after purchasing an additional 2,369 shares during the period. Beacon Financial Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $453,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Riggs Asset Managment Co. Inc. purchased a new stake in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at approximately $76,000. Prospera Private Wealth LLC bought a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter valued at $79,000. Harbor Investment Advisory LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 20.1% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock worth $134,000 after acquiring an additional 459 shares in the last quarter. Pinnacle Bancorp Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 23.4% in the third quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock worth $159,000 after acquiring an additional 611 shares during the period. Finally, Proactive Wealth Strategies LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at $203,000.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS opened at $48.80 on Friday. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49. The stock’s 50-day simple moving average is $48.70 and its 200 day simple moving average is $48.89.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a $0.17 dividend. The ex-dividend date was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%.

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.