First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Purchased by ARQ Wealth Advisors LLC

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ARQ Wealth Advisors LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 17.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 128,063 shares of the company’s stock after acquiring an additional 19,033 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 6.4% of ARQ Wealth Advisors LLC’s investment portfolio, making the stock its 5th largest holding. ARQ Wealth Advisors LLC owned 0.12% of First Trust Low Duration Opportunities ETF worth $6,618,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Inspirion Wealth Advisors LLC boosted its position in First Trust Low Duration Opportunities ETF by 123.4% during the 2nd quarter. Inspirion Wealth Advisors LLC now owns 452,497 shares of the company’s stock worth $23,385,000 after acquiring an additional 249,905 shares during the period. Clarus Wealth Advisors acquired a new stake in First Trust Low Duration Opportunities ETF during the 2nd quarter worth about $579,000. HBW Advisory Services LLC boosted its position in First Trust Low Duration Opportunities ETF by 4.5% during the 2nd quarter. HBW Advisory Services LLC now owns 21,038 shares of the company’s stock worth $1,087,000 after acquiring an additional 902 shares during the period. Envestnet Asset Management Inc. boosted its position in First Trust Low Duration Opportunities ETF by 3.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,201,220 shares of the company’s stock worth $62,079,000 after acquiring an additional 34,834 shares during the period. Finally, Wiley BROS. Aintree Capital LLC acquired a new stake in First Trust Low Duration Opportunities ETF during the 2nd quarter worth about $442,000.

Shares of First Trust Low Duration Opportunities ETF stock traded down $0.08 during trading on Thursday, hitting $51.71. 1,118 shares of the stock traded hands, compared to its average volume of 938,404. First Trust Low Duration Opportunities ETF has a twelve month low of $49.52 and a twelve month high of $52.96. The company has a fifty day moving average price of $51.71 and a two-hundred day moving average price of $51.79.

The company also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 2.32%.

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Institutional Ownership by Quarter for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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