First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) is Weitzel Financial Services Inc.’s 6th Largest Position

Weitzel Financial Services Inc. trimmed its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 249,415 shares of the company’s stock after selling 2,840 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 5.8% of Weitzel Financial Services Inc.’s holdings, making the stock its 6th largest position. Weitzel Financial Services Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $12,331,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Farther Finance Advisors LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 1.6% during the third quarter. Farther Finance Advisors LLC now owns 15,777 shares of the company’s stock valued at $780,000 after acquiring an additional 246 shares during the last quarter. City Holding Co. grew its holdings in First Trust Low Duration Opportunities ETF by 0.7% during the second quarter. City Holding Co. now owns 40,370 shares of the company’s stock valued at $1,939,000 after purchasing an additional 300 shares during the period. Waterloo Capital L.P. grew its holdings in First Trust Low Duration Opportunities ETF by 6.5% during the second quarter. Waterloo Capital L.P. now owns 5,827 shares of the company’s stock valued at $280,000 after purchasing an additional 358 shares during the period. Richard W. Paul & Associates LLC grew its holdings in First Trust Low Duration Opportunities ETF by 1.8% during the third quarter. Richard W. Paul & Associates LLC now owns 26,901 shares of the company’s stock valued at $1,329,000 after purchasing an additional 465 shares during the period. Finally, Axxcess Wealth Management LLC grew its holdings in First Trust Low Duration Opportunities ETF by 3.4% during the first quarter. Axxcess Wealth Management LLC now owns 16,070 shares of the company’s stock valued at $775,000 after purchasing an additional 521 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $48.56 on Thursday. The stock has a fifty day simple moving average of $49.14 and a two-hundred day simple moving average of $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 Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were issued 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 was Tuesday, October 22nd.

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.