Heck Capital Advisors LLC Grows Stake in First Trust Low Duration Opportunities ETF $LMBS

Heck Capital Advisors LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 453,087 shares of the company’s stock after acquiring an additional 17,517 shares during the period. First Trust Low Duration Opportunities ETF accounts for approximately 1.9% of Heck Capital Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Heck Capital Advisors LLC owned approximately 0.43% of First Trust Low Duration Opportunities ETF worth $22,319,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Belpointe Asset Management LLC raised its holdings in First Trust Low Duration Opportunities ETF by 7.2% during the second quarter. Belpointe Asset Management LLC now owns 53,330 shares of the company’s stock worth $2,627,000 after purchasing an additional 3,580 shares in the last quarter. Beacon Financial Advisory LLC raised its stake in First Trust Low Duration Opportunities ETF by 81.3% during the 2nd quarter. Beacon Financial Advisory LLC now owns 46,587 shares of the company’s stock worth $2,295,000 after acquiring an additional 20,885 shares in the last quarter. Simplicity Wealth LLC raised its stake in First Trust Low Duration Opportunities ETF by 115.7% during the 2nd quarter. Simplicity Wealth LLC now owns 24,346 shares of the company’s stock worth $1,199,000 after acquiring an additional 13,057 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in First Trust Low Duration Opportunities ETF by 4.6% in the second quarter. Wealthcare Advisory Partners LLC now owns 52,832 shares of the company’s stock valued at $2,603,000 after acquiring an additional 2,313 shares during the last quarter. Finally, Berger Financial Group Inc boosted its stake in First Trust Low Duration Opportunities ETF by 2.1% in the second quarter. Berger Financial Group Inc now owns 991,200 shares of the company’s stock valued at $48,827,000 after acquiring an additional 20,827 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.1%

Shares of LMBS stock opened at $49.90 on Monday. The stock’s 50-day moving average is $49.63 and its two-hundred day moving average is $49.23. First Trust Low Duration Opportunities ETF has a 1 year low of $48.32 and a 1 year high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend 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.