MRA Advisory Group Lowers Position in First Trust Low Duration Opportunities ETF $LMBS

MRA Advisory Group lowered its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 37.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 145,652 shares of the company’s stock after selling 87,182 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for 3.0% of MRA Advisory Group’s portfolio, making the stock its 9th largest position. MRA Advisory Group owned about 0.12% of First Trust Low Duration Opportunities ETF worth $7,255,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Certified Advisory Corp lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 3.2% during the 1st quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock valued at $321,000 after buying an additional 200 shares during the period. TrueWealth Advisors LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 3.7% in 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 period. Valley Financial Group Inc. lifted its stake in shares of 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 worth $663,000 after purchasing an additional 246 shares during the period. Hazlett Burt & Watson Inc. boosted its holdings in shares of 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 worth $44,000 after buying an additional 250 shares during the last quarter. Finally, Lake Street Private Wealth LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 7.6% in the fourth quarter. Lake Street Private Wealth LLC now owns 5,945 shares of the company’s stock worth $297,000 after buying an additional 419 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.0%

Shares of LMBS stock opened at $49.81 on Friday. First Trust Low Duration Opportunities ETF has a 12 month low of $47.87 and a 12 month high of $51.98. The company has a 50 day simple moving average of $49.85 and a two-hundred day simple moving average of $50.01.

First Trust Low Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, June 25th. 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.