First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) is Weitzel Financial Services Inc.’s 6th Largest Position

Weitzel Financial Services Inc. lessened its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 3.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 256,075 shares of the company’s stock after selling 7,931 shares during the period. First Trust Low Duration Opportunities ETF comprises about 6.2% of Weitzel Financial Services Inc.’s holdings, making the stock its 6th biggest position. Weitzel Financial Services Inc. owned about 0.31% of First Trust Low Duration Opportunities ETF worth $12,302,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Y.D. More Investments Ltd purchased a new position in First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $27,000. Scarborough Advisors LLC purchased a new position in First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $64,000. Harbor Investment Advisory LLC grew its stake in First Trust Low Duration Opportunities ETF by 26.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,155 shares of the company’s stock valued at $104,000 after acquiring an additional 445 shares in the last quarter. Benjamin Edwards Inc. grew its stake in First Trust Low Duration Opportunities ETF by 1,405.7% during the fourth quarter. Benjamin Edwards Inc. now owns 3,719 shares of the company’s stock valued at $180,000 after acquiring an additional 3,472 shares in the last quarter. Finally, CWM LLC lifted its position in First Trust Low Duration Opportunities ETF by 17.1% during the fourth quarter. CWM LLC now owns 4,658 shares of the company’s stock valued at $225,000 after purchasing an additional 679 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.0 %

First Trust Low Duration Opportunities ETF stock traded up $0.01 during mid-day trading on Friday, hitting $48.38. 248,310 shares of the company traded hands, compared to its average volume of 451,073. First Trust Low Duration Opportunities ETF has a one year low of $46.58 and a one year high of $48.55. The stock has a fifty day moving average price of $47.97 and a 200-day moving average price of $48.10.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 31st. Shareholders of record on Wednesday, May 22nd were given a dividend of $0.175 per share. The ex-dividend date of this dividend was Tuesday, May 21st. This represents a $2.10 annualized dividend and a yield of 4.34%.

First Trust Low Duration Opportunities ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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