Miracle Mile Advisors LLC raised its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 4.1% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 268,204 shares of the company’s stock after purchasing an additional 10,570 shares during the period. First Trust Low Duration Opportunities ETF makes up approximately 1.3% of Miracle Mile Advisors LLC’s portfolio, making the stock its 15th biggest holding. Miracle Mile Advisors LLC owned about 0.92% of First Trust Low Duration Opportunities ETF worth $13,724,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its position in shares of First Trust Low Duration Opportunities ETF by 1,266.4% in the 1st quarter. Wells Fargo & Company MN now owns 675,369 shares of the company’s stock worth $34,694,000 after buying an additional 625,943 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of First Trust Low Duration Opportunities ETF by 9.5% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 42,094 shares of the company’s stock worth $2,162,000 after buying an additional 3,660 shares in the last quarter. Atria Investments LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the 1st quarter worth about $678,000. Wayne Hummer Investments L.L.C. boosted its position in shares of First Trust Low Duration Opportunities ETF by 272.7% in the 1st quarter. Wayne Hummer Investments L.L.C. now owns 115,938 shares of the company’s stock worth $5,956,000 after buying an additional 84,829 shares in the last quarter. Finally, New England Private Wealth Advisors LLC purchased a new stake in shares of First Trust Low Duration Opportunities ETF in the 1st quarter worth about $450,000.

First Trust Low Duration Opportunities ETF stock opened at $51.22 on Friday. First Trust Low Duration Opportunities ETF has a 52 week low of $50.98 and a 52 week high of $52.30.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 31st. Investors of record on Monday, July 23rd were given a $0.1175 dividend. The ex-dividend date of this dividend was Friday, July 20th. This is a positive change from First Trust Low Duration Opportunities ETF’s previous monthly dividend of $0.12. This represents a $1.41 annualized dividend and a dividend yield of 2.75%.

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

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