Heck Capital Advisors LLC Raises Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

Heck Capital Advisors LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 8.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 531,187 shares of the company’s stock after buying an additional 41,144 shares during the period. First Trust Low Duration Opportunities ETF comprises 2.0% of Heck Capital Advisors LLC’s portfolio, making the stock its 12th largest holding. Heck Capital Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $26,554,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Palisade Asset Management LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the 3rd quarter valued at approximately $26,000. CX Institutional acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the third quarter worth approximately $28,000. Financial Network Wealth Advisors LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the third quarter worth $29,000. Hollencrest Capital Management bought a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter worth $31,000. Finally, Hazlett Burt & Watson Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 160.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $32,000 after acquiring an additional 400 shares in the last quarter.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

NASDAQ LMBS opened at $49.88 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $48.37 and a 12 month high of $51.98. The company’s fifty day moving average price is $50.14 and its two-hundred day moving average price is $50.04.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Thursday, March 26th.

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.