Financial Enhancement Group LLC Has $15.44 Million Holdings in First Trust Low Duration Opportunities ETF $LMBS

Financial Enhancement Group LLC decreased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 16.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 309,533 shares of the company’s stock after selling 59,506 shares during the quarter. First Trust Low Duration Opportunities ETF comprises 2.1% of Financial Enhancement Group LLC’s holdings, making the stock its 12th largest holding. Financial Enhancement Group LLC owned 0.28% of First Trust Low Duration Opportunities ETF worth $15,439,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Creekmur Asset Management LLC increased its stake in First Trust Low Duration Opportunities ETF by 497.2% during the 2nd quarter. Creekmur Asset Management LLC now owns 633 shares of the company’s stock valued at $31,000 after purchasing an additional 527 shares in the last quarter. Hollencrest Capital Management bought a new stake in shares of First Trust Low Duration Opportunities ETF during the second quarter worth about $31,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter worth about $46,000. Asset Dedication LLC bought a new position in First Trust Low Duration Opportunities ETF in the 2nd quarter valued at about $67,000. Finally, Y.D. More Investments Ltd boosted its stake in First Trust Low Duration Opportunities ETF by 133.7% during the 2nd quarter. Y.D. More Investments Ltd now owns 1,596 shares of the company’s stock valued at $78,000 after purchasing an additional 913 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.99 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 business has a 50 day moving average price of $50.00 and a 200-day moving average price of $49.63.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be paid a dividend of $0.17 per share. The ex-dividend date is Friday, December 12th. This represents a c) annualized dividend and a yield of 4.1%.

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.