LexAurum Advisors LLC Has $7.33 Million Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

LexAurum Advisors LLC cut its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 150,562 shares of the company’s stock after selling 603 shares during the quarter. First Trust Low Duration Opportunities ETF makes up approximately 1.5% of LexAurum Advisors LLC’s investment portfolio, making the stock its 14th largest holding. LexAurum Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $7,328,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Hershey Financial Advisers LLC acquired a new position in First Trust Low Duration Opportunities ETF during the 2nd quarter worth approximately $30,000. Riggs Asset Managment Co. Inc. bought a new position in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $76,000. Prospera Private Wealth LLC bought a new position in shares of First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $79,000. Harbor Investment Advisory LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 20.1% during the 4th quarter. Harbor Investment Advisory LLC now owns 2,746 shares of the company’s stock valued at $134,000 after acquiring an additional 459 shares in the last quarter. Finally, Pinnacle Bancorp Inc. grew its position in First Trust Low Duration Opportunities ETF by 23.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,226 shares of the company’s stock worth $159,000 after acquiring an additional 611 shares during the last quarter.

First Trust Low Duration Opportunities ETF Trading Down 0.0 %

First Trust Low Duration Opportunities ETF stock opened at $48.52 on Friday. The stock has a 50-day moving average price of $48.71 and a two-hundred day moving average price of $48.88. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be paid a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $2.04 annualized dividend and a dividend yield of 4.20%.

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.