EverSource Wealth Advisors LLC Takes Position in First Trust Low Duration Opportunities ETF $LMBS
by Danessa Lincoln · The Markets DailyEverSource Wealth Advisors LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 88,281 shares of the company’s stock, valued at approximately $4,397,000.
Several other hedge funds also recently modified their holdings of the business. Certified Advisory Corp lifted its holdings in First Trust Low Duration Opportunities ETF by 3.2% in the first quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock valued at $321,000 after buying an additional 200 shares during the period. Helium Advisors LLC grew its holdings in First Trust Low Duration Opportunities ETF by 1.0% during the 1st quarter. Helium Advisors LLC now owns 20,861 shares of the company’s stock worth $1,039,000 after acquiring an additional 210 shares during the period. Valley Financial Group Inc. raised its position in shares of First Trust Low Duration Opportunities ETF by 1.9% during the 3rd quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock valued at $663,000 after acquiring an additional 246 shares during the last quarter. Hazlett Burt & Watson Inc. raised its position in shares of First Trust Low Duration Opportunities ETF by 38.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after acquiring an additional 250 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 0.7% in the 1st quarter. Sanctuary Advisors LLC now owns 47,689 shares of the company’s stock valued at $2,375,000 after purchasing an additional 318 shares during the period.
First Trust Low Duration Opportunities ETF Price Performance
NASDAQ:LMBS opened at $49.49 on Thursday. First Trust Low Duration Opportunities ETF has a 1-year low of $47.87 and a 1-year high of $51.98. The business’s 50-day moving average price is $49.72 and its two-hundred day moving average price is $49.95.
First Trust Low Duration Opportunities ETF Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be issued a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a c) annualized dividend and a dividend yield of 4.1%.
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.
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