241,984 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Purchased by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 241,984 shares of the company’s stock, valued at approximately $11,777,000. First Trust Low Duration Opportunities ETF makes up about 3.1% of Fairvoy Private Wealth LLC’s investment portfolio, making the stock its 8th largest position.

A number of other institutional investors have also added to or reduced their stakes in the stock. Beacon Financial Advisory LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. Beacon Financial Advisory LLC now owns 6,942 shares of the company’s stock valued at $343,000 after acquiring an additional 754 shares in the last quarter. Claro Advisors LLC raised its holdings in shares of 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 valued at $431,000 after acquiring an additional 249 shares in the last quarter. TFB Advisors LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 13.8% in the 3rd quarter. TFB Advisors LLC now owns 13,307 shares of the company’s stock valued at $657,000 after acquiring an additional 1,613 shares in the last quarter. Braun Bostich & Associates Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 10.8% in the 3rd quarter. Braun Bostich & Associates Inc. now owns 80,476 shares of the company’s stock valued at $3,976,000 after acquiring an additional 7,824 shares in the last quarter. Finally, TL Private Wealth raised its holdings in shares of First Trust Low Duration Opportunities ETF by 0.9% in the 3rd quarter. TL Private Wealth now owns 305,513 shares of the company’s stock valued at $14,943,000 after acquiring an additional 2,686 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.0 %

NASDAQ:LMBS opened at $48.80 on Friday. The business’s 50-day moving average price is $48.70 and its two-hundred day moving average price is $48.89. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $2.04 annualized dividend and a dividend yield of 4.18%.

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.