Integrated Wealth Concepts LLC Grows Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Integrated Wealth Concepts LLC boosted its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 269,791 shares of the company’s stock after buying an additional 13,864 shares during the quarter. Integrated Wealth Concepts LLC owned approximately 0.28% of First Trust Low Duration Opportunities ETF worth $13,131,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Coppell Advisory Solutions LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 54.3% during the 4th quarter. Coppell Advisory Solutions LLC now owns 31,703 shares of the company’s stock worth $1,543,000 after buying an additional 11,157 shares during the last quarter. Harvest Investment Services LLC lifted its position in First Trust Low Duration Opportunities ETF by 3.1% in the fourth quarter. Harvest Investment Services LLC now owns 455,210 shares of the company’s stock valued at $22,155,000 after acquiring an additional 13,900 shares during the last quarter. IHT Wealth Management LLC boosted its stake in First Trust Low Duration Opportunities ETF by 220.9% in the fourth quarter. IHT Wealth Management LLC now owns 42,664 shares of the company’s stock valued at $2,076,000 after acquiring an additional 29,370 shares in the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 9.4% during the fourth quarter. OneDigital Investment Advisors LLC now owns 25,147 shares of the company’s stock worth $1,224,000 after purchasing an additional 2,162 shares during the last quarter. Finally, MML Investors Services LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 5.7% during the fourth quarter. MML Investors Services LLC now owns 191,083 shares of the company’s stock worth $9,300,000 after purchasing an additional 10,384 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $48.86 on Friday. The business has a 50-day moving average price of $49.00 and a 200 day moving average price of $48.84. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 22nd will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%.

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.