Gentry Private Wealth LLC Has $1.11 Million Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Gentry Private Wealth LLC lessened its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 15.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,444 shares of the company’s stock after selling 4,199 shares during the quarter. First Trust Low Duration Opportunities ETF makes up about 0.9% of Gentry Private Wealth LLC’s investment portfolio, making the stock its 19th largest position. Gentry Private Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,109,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Econ Financial Services Corp bought a new position in First Trust Low Duration Opportunities ETF in the first quarter worth $1,071,000. B. Riley Wealth Advisors Inc. boosted its position in shares of First Trust Low Duration Opportunities ETF by 23.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 22,496 shares of the company’s stock valued at $1,063,000 after acquiring an additional 4,275 shares in the last quarter. Coppell Advisory Solutions Corp. acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 1st quarter valued at about $735,000. Comerica Bank increased its stake in First Trust Low Duration Opportunities ETF by 6.9% in the first quarter. Comerica Bank now owns 171,415 shares of the company’s stock valued at $8,271,000 after acquiring an additional 11,010 shares during the period. Finally, Atria Investments Inc raised its position in First Trust Low Duration Opportunities ETF by 12.6% in the first quarter. Atria Investments Inc now owns 48,566 shares of the company’s stock worth $2,343,000 after purchasing an additional 5,424 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

Shares of LMBS stock opened at $48.63 on Friday. The stock’s fifty day simple moving average is $49.02 and its 200 day simple moving average is $48.71. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be paid a $0.17 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $2.04 annualized dividend and a dividend yield of 4.19%.

First Trust Low Duration Opportunities ETF Company 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.