U.S. Capital Wealth Advisors LLC Buys 45,129 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

U.S. Capital Wealth Advisors LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 815.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,666 shares of the company’s stock after acquiring an additional 45,129 shares during the quarter. U.S. Capital Wealth Advisors LLC owned about 0.05% of First Trust Low Duration Opportunities ETF worth $2,466,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. LPL Financial LLC increased its stake in First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after purchasing an additional 929,010 shares during the period. Long Run Wealth Advisors LLC bought a new stake in First Trust Low Duration Opportunities ETF in the third quarter worth $10,901,000. Financial Enhancement Group LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 87.4% in the third quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock worth $21,258,000 after acquiring an additional 206,322 shares in the last quarter. Foundations Investment Advisors LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 449.3% in the third quarter. Foundations Investment Advisors LLC now owns 243,998 shares of the company’s stock worth $12,056,000 after purchasing an additional 199,575 shares during the last quarter. Finally, Bellevue Asset Management LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 922.8% in the third quarter. Bellevue Asset Management LLC now owns 168,632 shares of the company’s stock worth $8,332,000 after purchasing an additional 152,145 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

First Trust Low Duration Opportunities ETF stock opened at $48.71 on Tuesday. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49. The stock has a fifty day moving average of $48.70 and a 200 day moving average of $48.89.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were paid a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date of this dividend was Wednesday, January 22nd.

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.