Centennial Wealth Advisory LLC Acquires 12,673 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Centennial Wealth Advisory LLC lifted its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 54.6% in the 1st quarter, Holdings Channel reports. The firm owned 35,865 shares of the company’s stock after buying an additional 12,673 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for 0.6% of Centennial Wealth Advisory LLC’s portfolio, making the stock its 23rd biggest holding. Centennial Wealth Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,763,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Principal Securities Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 26.2% during the fourth quarter. Principal Securities Inc. now owns 18,690 shares of the company’s stock valued at $910,000 after buying an additional 3,875 shares in the last quarter. US Bancorp DE increased its holdings in shares of First Trust Low Duration Opportunities ETF by 66.9% during the 4th quarter. US Bancorp DE now owns 6,177 shares of the company’s stock valued at $301,000 after acquiring an additional 2,476 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of First Trust Low Duration Opportunities ETF by 314.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 30,374 shares of the company’s stock valued at $1,478,000 after acquiring an additional 23,050 shares during the last quarter. Arbor Capital Management Inc. ADV raised its stake in shares of First Trust Low Duration Opportunities ETF by 32.5% in the 4th quarter. Arbor Capital Management Inc. ADV now owns 8,162 shares of the company’s stock valued at $397,000 after acquiring an additional 2,003 shares in the last quarter. Finally, Core Wealth Partners LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 6.8% in the 4th quarter. Core Wealth Partners LLC now owns 25,773 shares of the company’s stock worth $1,254,000 after purchasing an additional 1,645 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.0%

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.12 on Thursday. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49. The stock has a 50 day moving average price of $48.90 and a two-hundred day moving average price of $48.86.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 30th. Investors of record on Wednesday, May 21st were issued a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $2.04 annualized dividend and a yield of 4.15%.

About First Trust Low Duration Opportunities ETF

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.