AE Wealth Management LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 5.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 281,809 shares of the company’s stock after purchasing an additional 13,378 shares during the period. AE Wealth Management LLC owned about 0.33% of First Trust Low Duration Opportunities ETF worth $13,541,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Palisade Asset Management LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the 1st quarter worth approximately $25,000. Hilltop National Bank acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at $42,000. Chris Bulman Inc acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the second quarter valued at $43,000. Triad Wealth Partners LLC purchased a new position in First Trust Low Duration Opportunities ETF in the second quarter valued at $44,000. Finally, Strategic Financial Concepts LLC purchased a new stake in First Trust Low Duration Opportunities ETF during the 2nd quarter worth about $53,000.
First Trust Low Duration Opportunities ETF Trading Up 0.0 %
Shares of LMBS opened at $49.59 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 simple moving average of $49.01 and a 200-day simple moving average of $48.40.
First Trust Low Duration Opportunities ETF Announces Dividend
First Trust Low Duration Opportunities ETF 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.
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