SMART Wealth LLC Has $2.43 Million Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

SMART Wealth LLC increased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 111.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,850 shares of the company’s stock after buying an additional 25,780 shares during the quarter. SMART Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,432,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LMBS. Certified Advisory Corp raised its holdings in First Trust Low Duration Opportunities ETF by 3.2% in the 1st quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock valued at $321,000 after acquiring an additional 200 shares in the last quarter. Helium Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 1.0% during the 1st quarter. Helium Advisors LLC now owns 20,861 shares of the company’s stock worth $1,039,000 after purchasing an additional 210 shares in the last quarter. Valley Financial Group Inc. grew its holdings in shares of First Trust Low Duration Opportunities ETF by 1.9% during the 3rd quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock worth $663,000 after purchasing an additional 246 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of First Trust Low Duration Opportunities ETF by 38.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after purchasing an additional 250 shares during the period. Finally, Sanctuary Advisors LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 0.7% during the first quarter. Sanctuary Advisors LLC now owns 47,689 shares of the company’s stock valued at $2,375,000 after purchasing an additional 318 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ LMBS opened at $49.49 on Friday. The business has a fifty day simple moving average of $49.61 and a 200 day simple moving average of $49.84. 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 firm also recently declared a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were issued a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Friday, August 21st.

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.