FSB Premier Wealth Management Inc. Raises Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

FSB Premier Wealth Management Inc. increased its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 20.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 55,587 shares of the company’s stock after acquiring an additional 9,251 shares during the quarter. First Trust Low Duration Opportunities ETF comprises 1.1% of FSB Premier Wealth Management Inc.’s investment portfolio, making the stock its 24th largest holding. FSB Premier Wealth Management Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $2,705,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Claro Advisors LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 2.9% in the fourth quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock valued at $431,000 after purchasing an additional 249 shares during the period. Riggs Asset Managment Co. Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 16.2% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 1,793 shares of the company’s stock valued at $87,000 after acquiring an additional 250 shares during the period. Pinnacle Family Advisors LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 4.3% in the third quarter. Pinnacle Family Advisors LLC now owns 9,508 shares of the company’s stock worth $470,000 after acquiring an additional 391 shares during the period. Proactive Wealth Strategies LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 10.8% in the fourth quarter. Proactive Wealth Strategies LLC now owns 4,551 shares of the company’s stock worth $222,000 after acquiring an additional 444 shares during the period. Finally, Harbor Investment Advisory LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 20.1% in the fourth quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock valued at $134,000 after purchasing an additional 459 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ LMBS opened at $49.15 on Monday. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49. The business has a 50-day simple moving average of $48.92 and a two-hundred day simple moving average of $48.90.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $0.17 dividend. The ex-dividend date is Thursday, March 27th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.15%.

First Trust Low Duration Opportunities ETF Company 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.