First Trust Low Duration Opportunities ETF $LMBS Shares Acquired by Berger Financial Group Inc

Berger Financial Group Inc increased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 991,200 shares of the company’s stock after acquiring an additional 20,827 shares during the quarter. First Trust Low Duration Opportunities ETF makes up about 3.2% of Berger Financial Group Inc’s holdings, making the stock its 6th biggest position. Berger Financial Group Inc owned 0.95% of First Trust Low Duration Opportunities ETF worth $48,827,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of LMBS. Fairvoy Private Wealth LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 1.8% during the second quarter. Fairvoy Private Wealth LLC now owns 312,260 shares of the company’s stock worth $15,380,000 after purchasing an additional 5,532 shares during the period. Marino Stram & Associates LLC purchased a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter worth $859,000. Mainsail Financial Group LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 7.5% in the 2nd quarter. Mainsail Financial Group LLC now owns 127,903 shares of the company’s stock worth $6,283,000 after acquiring an additional 8,946 shares during the period. Centennial Wealth Advisory LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 131.0% in the second quarter. Centennial Wealth Advisory LLC now owns 82,836 shares of the company’s stock valued at $4,077,000 after acquiring an additional 46,971 shares in the last quarter. Finally, Genesis Private Wealth LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at about $5,795,000.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $49.90 on Friday. First Trust Low Duration Opportunities ETF has a 52-week low of $48.32 and a 52-week high of $50.25. The firm has a 50-day moving average price of $49.63 and a 200 day moving average price of $49.23.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a $0.17 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, September 25th.

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.