Axxcess Wealth Management LLC Has $916,000 Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Axxcess Wealth Management LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 18.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,070 shares of the company’s stock after buying an additional 3,000 shares during the period. Axxcess Wealth Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $916,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of LMBS. Sargent Investment Group LLC boosted its stake in First Trust Low Duration Opportunities ETF by 27.6% during the second quarter. Sargent Investment Group LLC now owns 12,935 shares of the company’s stock worth $622,000 after acquiring an additional 2,800 shares in the last quarter. Bigelow Investment Advisors LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 8.0% during the 2nd quarter. Bigelow Investment Advisors LLC now owns 34,076 shares of the company’s stock worth $1,637,000 after purchasing an additional 2,523 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 964,019 shares of the company’s stock valued at $46,321,000 after buying an additional 15,450 shares during the period. Condor Capital Management increased its position in First Trust Low Duration Opportunities ETF by 5.7% in the 2nd quarter. Condor Capital Management now owns 298,787 shares of the company’s stock valued at $14,357,000 after buying an additional 16,048 shares in the last quarter. Finally, CoreCap Advisors LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter worth approximately $1,718,000.

First Trust Low Duration Opportunities ETF Trading Up 0.1 %

Shares of NASDAQ:LMBS opened at $49.57 on Friday. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $49.92. The business’s 50 day simple moving average is $48.99 and its two-hundred day simple moving average is $48.39.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

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.