First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Shares Bought by Centennial Wealth Advisory LLC

Centennial Wealth Advisory LLC grew its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 146.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,192 shares of the company’s stock after purchasing an additional 13,784 shares during the quarter. First Trust Low Duration Opportunities ETF makes up 0.4% of Centennial Wealth Advisory LLC’s holdings, making the stock its 28th biggest position. Centennial Wealth Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,129,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Robertson Stephens Wealth Management LLC raised its stake in First Trust Low Duration Opportunities ETF by 69.8% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 15,638 shares of the company’s stock valued at $761,000 after purchasing an additional 6,429 shares during the last quarter. PFS Partners LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 22.5% during the fourth quarter. PFS Partners LLC now owns 212,642 shares of the company’s stock worth $10,349,000 after buying an additional 39,035 shares in the last quarter. James J. Burns & Company LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 1.9% in the fourth quarter. James J. Burns & Company LLC now owns 91,025 shares of the company’s stock valued at $4,432,000 after buying an additional 1,733 shares during the last quarter. Commonwealth Financial Services LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 2.6% in the fourth quarter. Commonwealth Financial Services LLC now owns 137,300 shares of the company’s stock worth $6,682,000 after buying an additional 3,442 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter worth about $4,734,000.

First Trust Low Duration Opportunities ETF Stock Up 0.2 %

Shares of NASDAQ LMBS opened at $48.81 on Thursday. The company has a 50-day moving average of $48.70 and a 200 day moving average of $48.89. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date was Wednesday, January 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.