WCG Wealth Advisors LLC Invests $550,000 in First Trust Low Duration Opportunities ETF $LMBS

WCG Wealth Advisors LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 11,006 shares of the company’s stock, valued at approximately $550,000.

Several other institutional investors have also modified their holdings of the company. TrueWealth Advisors LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 3.7% during the 4th quarter. TrueWealth Advisors LLC now owns 5,797 shares of the company’s stock worth $290,000 after purchasing an additional 209 shares during the last quarter. Condor Capital Management raised its stake in First Trust Low Duration Opportunities ETF by 0.4% during the 3rd quarter. Condor Capital Management now owns 50,896 shares of the company’s stock worth $2,534,000 after acquiring an additional 228 shares in the last quarter. Lion Street Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF by 5.7% in the third quarter. Lion Street Advisors LLC now owns 4,398 shares of the company’s stock valued at $222,000 after acquiring an additional 236 shares during the last quarter. Valley Financial Group Inc. lifted its position in First Trust Low Duration Opportunities ETF by 1.9% in the third quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock valued at $663,000 after acquiring an additional 246 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its position in First Trust Low Duration Opportunities ETF by 38.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock valued at $44,000 after acquiring an additional 250 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS opened at $49.70 on Friday. First Trust Low Duration Opportunities ETF has a 1-year low of $47.87 and a 1-year high of $51.98. The firm has a fifty day moving average price of $49.87 and a 200 day moving average price of $50.03.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were given a $0.17 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a c) dividend on an annualized basis and a 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.