National Wealth Management Group LLC Has $3.12 Million Stock Holdings in First Trust Low Duration Opportunities ETF $LMBS

National Wealth Management Group LLC boosted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 264.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 62,315 shares of the company’s stock after acquiring an additional 45,202 shares during the period. First Trust Low Duration Opportunities ETF accounts for 1.1% of National Wealth Management Group LLC’s portfolio, making the stock its 25th largest position. National Wealth Management Group LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $3,115,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC bought a new stake in First Trust Low Duration Opportunities ETF during the 3rd quarter worth about $22,376,000. Bank of America Corp DE boosted its stake in shares of First Trust Low Duration Opportunities ETF by 18.0% in the 2nd quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock valued at $80,319,000 after purchasing an additional 248,784 shares during the last quarter. Vestmark Advisory Solutions Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 66.7% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 605,360 shares of the company’s stock valued at $30,141,000 after purchasing an additional 242,154 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of First Trust Low Duration Opportunities ETF by 6.0% during the 3rd quarter. Raymond James Financial Inc. now owns 3,810,418 shares of the company’s stock worth $189,721,000 after buying an additional 214,907 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in shares of First Trust Low Duration Opportunities ETF by 139.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 305,634 shares of the company’s stock worth $15,056,000 after buying an additional 177,987 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

LMBS opened at $49.96 on Thursday. The firm has a 50 day simple moving average of $50.19 and a 200 day simple moving average of $50.05. First Trust Low Duration Opportunities ETF has a fifty-two week low of $48.37 and a fifty-two week high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were issued a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Friday, February 20th.

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.