First Trust Low Duration Opportunities ETF $LMBS Stock Holdings Boosted by Simplicity Wealth LLC

Simplicity Wealth LLC raised its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 77.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,125 shares of the company’s stock after acquiring an additional 22,749 shares during the quarter. Simplicity Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,526,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of LMBS. Root Financial Partners LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the third quarter worth about $28,000. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of First Trust Low Duration Opportunities ETF in the first quarter valued at approximately $35,000. NI Acquisitions Company LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at approximately $67,000. NBT Bank N.A. purchased a new position in shares of First Trust Low Duration Opportunities ETF in the third quarter valued at approximately $69,000. Finally, Noble Wealth Management PBC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at approximately $113,000.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS opened at $48.76 on Monday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $47.60 and a fifty-two week high of $51.98. The firm’s 50 day moving average price is $49.06 and its 200 day moving average price is $49.53.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Wednesday, October 21st will be paid a $0.17 dividend. The ex-dividend date is Wednesday, October 21st. This represents a $2.04 annualized dividend and a dividend yield of 4.2%.

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.