First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Acquired by Destiny Wealth Partners LLC

Destiny Wealth Partners LLC grew its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,554 shares of the company’s stock after purchasing an additional 2,885 shares during the quarter. Destiny Wealth Partners LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,460,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Beacon Financial Advisory LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 12.2% in the third quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock valued at $343,000 after buying an additional 754 shares in the last quarter. Claro Advisors LLC increased its holdings in First Trust Low Duration Opportunities ETF by 2.9% in the 4th quarter. Claro Advisors LLC now owns 8,861 shares of the company’s stock worth $431,000 after acquiring an additional 249 shares in the last quarter. TFB Advisors LLC raised its position in First Trust Low Duration Opportunities ETF by 13.8% during the third quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock worth $657,000 after acquiring an additional 1,613 shares during the period. TL Private Wealth lifted its holdings in First Trust Low Duration Opportunities ETF by 0.9% during the third quarter. TL Private Wealth now owns 305,513 shares of the company’s stock valued at $14,943,000 after purchasing an additional 2,686 shares in the last quarter. Finally, Braun Bostich & Associates Inc. grew its position in shares of First Trust Low Duration Opportunities ETF by 10.8% in the third quarter. Braun Bostich & Associates Inc. now owns 80,476 shares of the company’s stock valued at $3,976,000 after purchasing an additional 7,824 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

LMBS stock opened at $48.74 on Friday. First Trust Low Duration Opportunities ETF has a 52 week low of $45.06 and a 52 week high of $51.49. The firm has a 50-day simple moving average of $48.70 and a 200-day simple moving average of $48.89.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.19%.

About First Trust Low Duration Opportunities ETF

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.