Priebe Wealth Holdings LLC Grows Stock Position in First Trust Low Duration Opportunities ETF $LMBS

Priebe Wealth Holdings LLC increased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 101.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,500 shares of the company’s stock after buying an additional 9,800 shares during the period. First Trust Low Duration Opportunities ETF comprises about 0.8% of Priebe Wealth Holdings LLC’s holdings, making the stock its 27th largest position. Priebe Wealth Holdings LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $961,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 1.4% during the 1st quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 17,990 shares of the company’s stock worth $884,000 after acquiring an additional 252 shares during the period. Abbot Financial Management Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 0.9% during the 1st quarter. Abbot Financial Management Inc. now owns 28,918 shares of the company’s stock worth $1,422,000 after acquiring an additional 259 shares during the period. Towerpoint Wealth LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 2.0% during the 2nd quarter. Towerpoint Wealth LLC now owns 17,580 shares of the company’s stock worth $866,000 after acquiring an additional 350 shares during the period. Axxcess Wealth Management LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 1.6% during the 1st quarter. Axxcess Wealth Management LLC now owns 22,111 shares of the company’s stock worth $1,087,000 after acquiring an additional 352 shares during the period. Finally, Platform Technology Partners lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 5.5% during the 1st quarter. Platform Technology Partners now owns 7,827 shares of the company’s stock worth $385,000 after acquiring an additional 407 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.2%

Shares of LMBS stock opened at $49.97 on Monday. First Trust Low Duration Opportunities ETF has a 1-year low of $48.32 and a 1-year high of $50.25. The firm’s 50-day simple moving average is $49.70 and its 200-day simple moving average is $49.26.

First Trust Low Duration Opportunities ETF Announces Dividend

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

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.