Heck Capital Advisors LLC Boosts Stock Position in First Trust Low Duration Opportunities ETF $LMBS

Heck Capital Advisors LLC raised its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 559,940 shares of the company’s stock after acquiring an additional 31,562 shares during the quarter. First Trust Low Duration Opportunities ETF makes up 1.7% of Heck Capital Advisors LLC’s holdings, making the stock its 13th largest holding. Heck Capital Advisors LLC owned about 0.44% of First Trust Low Duration Opportunities ETF worth $27,874,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Certified Advisory Corp lifted its position in shares of First Trust Low Duration Opportunities ETF by 3.2% during the first quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock worth $321,000 after purchasing an additional 200 shares during the last quarter. Helium Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 1.0% in the first quarter. Helium Advisors LLC now owns 20,861 shares of the company’s stock worth $1,039,000 after purchasing an additional 210 shares during the last quarter. Valley Financial Group Inc. boosted its position in First Trust Low Duration Opportunities ETF by 1.9% in the 3rd quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock valued at $663,000 after buying an additional 246 shares during the period. Hazlett Burt & Watson Inc. boosted its position in First Trust Low Duration Opportunities ETF by 38.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after buying an additional 250 shares during the period. Finally, Sanctuary Advisors LLC grew its stake in 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 worth $2,375,000 after acquiring an additional 318 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock opened at $49.62 on Wednesday. The company’s 50-day simple moving average is $49.69 and its two-hundred day simple moving average is $49.91. First Trust Low Duration Opportunities ETF has a one year low of $47.87 and a one year high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were issued a $0.17 dividend. The ex-dividend date was Tuesday, July 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.