Weitzel Financial Services Inc. Acquires 13,816 Shares of First Trust Low Duration Opportunities ETF $LMBS

Weitzel Financial Services Inc. increased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 263,945 shares of the company’s stock after purchasing an additional 13,816 shares during the quarter. First Trust Low Duration Opportunities ETF makes up 4.7% of Weitzel Financial Services Inc.’s investment portfolio, making the stock its 7th biggest holding. Weitzel Financial Services Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $13,036,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of LMBS. Palisade Asset Management LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 3rd quarter worth about $26,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the first quarter valued at about $35,000. Bank of Montreal Can raised its position in shares of First Trust Low Duration Opportunities ETF by 169.0% during the fourth quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $37,000 after acquiring an additional 463 shares during the last quarter. Hazlett Burt & Watson Inc. raised 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 worth $44,000 after acquiring an additional 250 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF in the fourth quarter worth approximately $56,000.

First Trust Low Duration Opportunities ETF Trading Up 0.0%

Shares of LMBS stock opened at $49.60 on Thursday. The business’s 50 day simple moving average is $49.80 and its 200 day simple moving average is $49.99. 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 Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, June 25th.

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.