Holistic Financial Partners Boosts Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Holistic Financial Partners raised its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,921 shares of the company’s stock after purchasing an additional 419 shares during the period. Holistic Financial Partners’ holdings in First Trust Low Duration Opportunities ETF were worth $737,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 7.8% during the second quarter. LPL Financial LLC now owns 7,631,699 shares of the company’s stock valued at $366,703,000 after purchasing an additional 550,017 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in First Trust Low Duration Opportunities ETF by 0.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,011,574 shares of the company’s stock valued at $96,656,000 after purchasing an additional 10,854 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of First Trust Low Duration Opportunities ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 964,019 shares of the company’s stock worth $46,321,000 after buying an additional 15,450 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of First Trust Low Duration Opportunities ETF by 17.5% in the second quarter. Cetera Investment Advisers now owns 940,225 shares of the company’s stock worth $45,178,000 after buying an additional 140,132 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in shares of First Trust Low Duration Opportunities ETF by 6.0% in the third quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock worth $40,014,000 after buying an additional 45,961 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ:LMBS opened at $48.64 on Monday. The company’s 50-day moving average price is $49.09 and its 200-day moving average price is $48.69. 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 firm also recently declared a monthly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were paid a $0.17 dividend. This represents a $2.04 annualized dividend and a dividend yield of 4.19%. The ex-dividend date of this dividend was Tuesday, October 22nd.

First Trust Low Duration Opportunities ETF 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.