Tyler Stone Wealth Management Buys 5,082 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Tyler Stone Wealth Management lifted its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 31.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,251 shares of the company’s stock after acquiring an additional 5,082 shares during the quarter. Tyler Stone Wealth Management’s holdings in First Trust Low Duration Opportunities ETF were worth $1,034,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Principal Securities Inc. boosted its position in shares of First Trust Low Duration Opportunities ETF by 26.2% in the 4th quarter. Principal Securities Inc. now owns 18,690 shares of the company’s stock worth $910,000 after purchasing an additional 3,875 shares during the last quarter. US Bancorp DE grew its position in shares of First Trust Low Duration Opportunities ETF by 66.9% during the 4th quarter. US Bancorp DE now owns 6,177 shares of the company’s stock worth $301,000 after buying an additional 2,476 shares during the period. Claro Advisors LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 2.9% in the 4th quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock valued at $431,000 after acquiring an additional 249 shares during the last quarter. Arbor Capital Management Inc. ADV raised its position in shares of First Trust Low Duration Opportunities ETF by 32.5% in the 4th quarter. Arbor Capital Management Inc. ADV now owns 8,162 shares of the company’s stock valued at $397,000 after acquiring an additional 2,003 shares during the period. Finally, HighTower Advisors LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 2.0% in the 3rd quarter. HighTower Advisors LLC now owns 349,475 shares of the company’s stock valued at $17,273,000 after acquiring an additional 6,854 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $49.20 on Wednesday. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49. The company’s fifty day moving average is $48.89 and its 200-day moving average is $48.91.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a $0.17 dividend. The ex-dividend date was Friday, February 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.15%.

First Trust Low Duration Opportunities ETF Profile

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.