Beacon Financial Advisory LLC Has $453,000 Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Beacon Financial Advisory LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 34.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,311 shares of the company’s stock after buying an additional 2,369 shares during the quarter. Beacon Financial Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $453,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Riggs Asset Managment Co. Inc. purchased a new position in First Trust Low Duration Opportunities ETF during the 3rd quarter worth $76,000. Prospera Private Wealth LLC bought a new stake in First Trust Low Duration Opportunities ETF in the 3rd quarter worth about $79,000. Harbor Investment Advisory LLC increased its stake in First Trust Low Duration Opportunities ETF by 20.1% in the 4th quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock valued at $134,000 after buying an additional 459 shares during the last quarter. Pinnacle Bancorp Inc. lifted its position in shares of First Trust Low Duration Opportunities ETF by 23.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock worth $159,000 after buying an additional 611 shares in the last quarter. Finally, Proactive Wealth Strategies LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter worth approximately $203,000.

First Trust Low Duration Opportunities ETF Stock Down 0.0 %

LMBS stock opened at $48.80 on Friday. The business has a 50 day moving average of $48.70 and a 200-day moving average of $48.89. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently announced 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. This represents a $2.04 annualized dividend and a dividend yield of 4.18%. The ex-dividend date was Wednesday, January 22nd.

First Trust Low Duration Opportunities ETF Company 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.