Waterloo Capital L.P. Has $280,000 Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Waterloo Capital L.P. increased its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,827 shares of the company’s stock after buying an additional 358 shares during the quarter. Waterloo Capital L.P.’s holdings in First Trust Low Duration Opportunities ETF were worth $280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Palisade Asset Management LLC acquired a new position in First Trust Low Duration Opportunities ETF in the 1st quarter valued at approximately $25,000. Hilltop National Bank acquired a new stake in First Trust Low Duration Opportunities ETF in the second quarter valued at $42,000. Chris Bulman Inc bought a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter worth $43,000. Triad Wealth Partners LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter worth about $44,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter valued at about $53,000.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS stock opened at $49.57 on Friday. First Trust Low Duration Opportunities ETF has a 1-year low of $45.06 and a 1-year high of $49.92. The stock has a 50-day moving average of $48.99 and a 200-day moving average of $48.39.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 21st were issued a dividend of $0.17 per share. The ex-dividend date was Wednesday, August 21st. This represents a $2.04 annualized dividend and a yield of 4.12%.

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.