Friedenthal Financial Buys $4.5 Million of First Trust Low Duration Opportunities ETF

Core Insights - Friedenthal Financial purchased 89,706 shares of First Trust Low Duration Opportunities ETF (NASDAQ: LMBS) for an estimated value of $4.48 million based on quarterly average pricing [1][2] - The transaction increased the value of Friedenthal's stake in LMBS by approximately $4.50 million at quarter-end, factoring in both the new shares and market price changes [2] ETF Overview - First Trust Low Duration Opportunities ETF (LMBS) has a market capitalization of $5.73 billion and aims to provide current income and capital preservation through investments in mortgage-related securities [6] - As of January 26, 2026, the ETF's share price was $50.09, reflecting a 7.4% increase over the past year, but underperforming the S&P 500 by 10.2 percentage points [6] - The ETF offers an annualized dividend yield of 4.07% and is currently 3.6% below its 52-week high [6] Investment Strategy - The fund's strategy involves allocating at least 60% of its assets to mortgage-related debt securities, including residential and commercial mortgage-backed securities [7] - The portfolio is actively managed to optimize duration and credit exposure, providing daily liquidity and a competitive expense profile for investors seeking low-duration fixed income [7][8] Portfolio Adjustments - Friedenthal Financial's latest 13F filing revealed a reduction in total positions from 266 to 251, with a significant increase in LMBS holdings while reducing stakes in other top holdings such as ITOT, SCHA, and IJH [9]