Walkner Condon Financial Advisors LLC Has $5.91 Million Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Walkner Condon Financial Advisors LLC reduced its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 41.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 119,536 shares of the company’s stock after selling 84,532 shares during the quarter. First Trust Low Duration Opportunities ETF comprises 1.2% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 22nd biggest position. Walkner Condon Financial Advisors LLC owned 0.13% of First Trust Low Duration Opportunities ETF worth $5,906,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC grew its position in First Trust Low Duration Opportunities ETF by 7.8% in the second quarter. LPL Financial LLC now owns 7,631,699 shares of the company’s stock valued at $366,703,000 after purchasing an additional 550,017 shares in the last quarter. Brookstone Capital Management grew its stake in shares of First Trust Low Duration Opportunities ETF by 2,052.6% in the second quarter. Brookstone Capital Management now owns 471,136 shares of the company’s stock valued at $22,944,000 after acquiring an additional 449,249 shares in the last quarter. Cetera Investment Advisers grew its position in shares of First Trust Low Duration Opportunities ETF by 114.6% during the 1st quarter. Cetera Investment Advisers now owns 800,093 shares of the company’s stock worth $38,604,000 after purchasing an additional 427,232 shares in the last quarter. Long Run Wealth Advisors LLC acquired a new stake in First Trust Low Duration Opportunities ETF during the third quarter worth approximately $10,901,000. Finally, Financial Enhancement Group LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 87.4% in the third quarter. Financial Enhancement Group LLC now owns 442,405 shares of the company’s stock worth $21,258,000 after purchasing an additional 206,322 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.3 %

NASDAQ LMBS opened at $48.56 on Thursday. The firm’s 50 day simple moving average is $49.14 and its 200 day simple moving average is $48.62. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were paid a $0.17 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.