Centennial Wealth Advisory LLC Grows Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Centennial Wealth Advisory LLC increased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 146.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 23,192 shares of the company’s stock after acquiring an additional 13,784 shares during the period. First Trust Low Duration Opportunities ETF makes up about 0.4% of Centennial Wealth Advisory LLC’s holdings, making the stock its 28th largest holding. Centennial Wealth Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,129,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Robertson Stephens Wealth Management LLC grew its holdings in shares of First Trust Low Duration Opportunities ETF by 69.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 15,638 shares of the company’s stock worth $761,000 after purchasing an additional 6,429 shares during the period. PFS Partners LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 22.5% in the fourth quarter. PFS Partners LLC now owns 212,642 shares of the company’s stock valued at $10,349,000 after acquiring an additional 39,035 shares in the last quarter. James J. Burns & Company LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 1.9% in the 4th 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 period. Commonwealth Financial Services LLC grew its holdings in First Trust Low Duration Opportunities ETF by 2.6% during the 4th quarter. Commonwealth Financial Services LLC now owns 137,300 shares of the company’s stock worth $6,682,000 after acquiring an additional 3,442 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC purchased a new position in First Trust Low Duration Opportunities ETF in the fourth quarter valued at $4,734,000.

First Trust Low Duration Opportunities ETF Stock Up 0.2 %

NASDAQ LMBS opened at $48.81 on Thursday. The firm’s fifty day moving average price is $48.70 and its 200 day moving average price is $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 Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a $0.17 dividend. 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 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.