Proactive Wealth Strategies LLC Purchases 444 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Proactive Wealth Strategies LLC lifted its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 10.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,551 shares of the company’s stock after acquiring an additional 444 shares during the quarter. Proactive Wealth Strategies LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $222,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Traction Financial Partners LLC increased its position in First Trust Low Duration Opportunities ETF by 5.2% in the fourth quarter. Traction Financial Partners LLC now owns 36,387 shares of the company’s stock worth $1,771,000 after purchasing an additional 1,784 shares during the period. Kestra Investment Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 4th quarter worth approximately $127,000. Truist Financial Corp grew its position in shares of First Trust Low Duration Opportunities ETF by 0.9% during the 4th quarter. Truist Financial Corp now owns 260,507 shares of the company’s stock worth $12,679,000 after buying an additional 2,200 shares during the period. Ifrah Financial Services Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF by 1.5% during the fourth quarter. Ifrah Financial Services Inc. now owns 36,475 shares of the company’s stock worth $1,775,000 after buying an additional 541 shares during the last quarter. Finally, J.W. Cole Advisors Inc. lifted its holdings in First Trust Low Duration Opportunities ETF by 3.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 17,938 shares of the company’s stock valued at $873,000 after buying an additional 529 shares during the period.

First Trust Low Duration Opportunities ETF Stock Up 0.2 %

Shares of LMBS stock opened at $48.87 on Tuesday. The firm’s 50 day moving average price is $48.67 and its two-hundred day moving average price is $48.90. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a $0.17 dividend. The ex-dividend date was Wednesday, January 22nd. This represents a $2.04 annualized dividend and a dividend yield of 4.17%.

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.