Proactive Wealth Strategies LLC Has $222,000 Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Proactive Wealth Strategies LLC raised its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,551 shares of the company’s stock after purchasing an additional 444 shares during the period. Proactive Wealth Strategies LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $222,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. LPL Financial LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock valued at $422,985,000 after buying an additional 929,010 shares in the last quarter. Raymond James & Associates increased its holdings in shares of First Trust Low Duration Opportunities ETF by 6.0% in the third quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock worth $40,014,000 after acquiring an additional 45,961 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 7.0% in the third quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock worth $37,209,000 after acquiring an additional 48,939 shares in the last quarter. Trilogy Capital Inc. raised its position in shares of First Trust Low Duration Opportunities ETF by 5.0% during the third quarter. Trilogy Capital Inc. now owns 488,969 shares of the company’s stock worth $24,160,000 after purchasing an additional 23,129 shares during the period. Finally, Prospera Financial Services Inc grew its position in shares of First Trust Low Duration Opportunities ETF by 32.3% in the 3rd quarter. Prospera Financial Services Inc now owns 456,916 shares of the company’s stock valued at $22,586,000 after purchasing an additional 111,451 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.2 %

First Trust Low Duration Opportunities ETF stock opened at $48.87 on Tuesday. The company has a 50 day moving average of $48.67 and a 200-day moving average of $48.90. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.17%.

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.