Long Run Wealth Advisors LLC Has $10.99 Million Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Long Run Wealth Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 2.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 225,768 shares of the company’s stock after buying an additional 5,150 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 2.6% of Long Run Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Long Run Wealth Advisors LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $10,988,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. LPL Financial LLC boosted its position in First Trust Low Duration Opportunities ETF by 12.2% during the third quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after purchasing an additional 929,010 shares during the period. Raymond James & Associates boosted its position in First Trust Low Duration Opportunities ETF by 6.0% during the third quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock worth $40,014,000 after purchasing an additional 45,961 shares during the period. Concurrent Investment Advisors LLC boosted its position in First Trust Low Duration Opportunities ETF by 7.0% during the third quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock worth $37,209,000 after purchasing an additional 48,939 shares during the period. Trilogy Capital Inc. boosted its position in First Trust Low Duration Opportunities ETF by 5.0% during the third quarter. Trilogy Capital Inc. now owns 488,969 shares of the company’s stock worth $24,160,000 after purchasing an additional 23,129 shares during the period. Finally, Brookstone Capital Management boosted its position in First Trust Low Duration Opportunities ETF by 0.3% during the third quarter. Brookstone Capital Management now owns 472,500 shares of the company’s stock worth $23,346,000 after purchasing an additional 1,364 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.2 %

Shares of LMBS stock opened at $48.81 on Thursday. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49. The stock has a 50 day moving average of $48.70 and a 200-day moving average of $48.89.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were issued a dividend of $0.17 per share. The ex-dividend date was Wednesday, January 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%.

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.