9,918 Shares in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Acquired by Maia Wealth LLC

Maia Wealth LLC bought a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 9,918 shares of the company’s stock, valued at approximately $482,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LMBS. Global Assets Advisory LLC increased its holdings in First Trust Low Duration Opportunities ETF by 4,688.2% in the first quarter. Global Assets Advisory LLC now owns 1,290,892 shares of the company’s stock valued at $62,286,000 after purchasing an additional 1,263,932 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of First Trust Low Duration Opportunities ETF by 114.6% in the 1st quarter. Cetera Investment Advisers now owns 800,093 shares of the company’s stock valued at $38,604,000 after acquiring an additional 427,232 shares during the last quarter. Csenge Advisory Group raised its position in shares of First Trust Low Duration Opportunities ETF by 1.6% in the 2nd quarter. Csenge Advisory Group now owns 696,529 shares of the company’s stock valued at $33,468,000 after acquiring an additional 11,278 shares during the period. Commonwealth Equity Services LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 11.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 624,438 shares of the company’s stock valued at $30,129,000 after acquiring an additional 61,713 shares during the period. Finally, Concurrent Investment Advisors LLC grew its holdings in First Trust Low Duration Opportunities ETF by 21.5% during the first quarter. Concurrent Investment Advisors LLC now owns 622,491 shares of the company’s stock valued at $30,035,000 after purchasing an additional 110,207 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.1 %

Shares of NASDAQ LMBS traded up $0.05 during midday trading on Wednesday, reaching $49.07. 8,897 shares of the stock were exchanged, compared to its average volume of 464,084. First Trust Low Duration Opportunities ETF has a 12 month low of $46.58 and a 12 month high of $49.92. The business has a 50-day simple moving average of $48.47 and a two-hundred day simple moving average of $48.19.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Tuesday, July 23rd were issued a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, July 23rd. This represents a $2.04 annualized dividend and a dividend yield of 4.16%.

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.