Centennial Wealth Advisory LLC Buys 119,195 Shares of First Trust Low Duration Opportunities ETF $LMBS

Centennial Wealth Advisory LLC raised its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 90.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 250,985 shares of the company’s stock after buying an additional 119,195 shares during the quarter. First Trust Low Duration Opportunities ETF accounts for about 3.0% of Centennial Wealth Advisory LLC’s holdings, making the stock its 9th biggest position. Centennial Wealth Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $12,502,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Certified Advisory Corp boosted its stake in shares of First Trust Low Duration Opportunities ETF by 3.2% during the 1st quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock valued at $321,000 after buying an additional 200 shares during the period. TrueWealth Advisors LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 3.7% in the fourth quarter. TrueWealth Advisors LLC now owns 5,797 shares of the company’s stock worth $290,000 after acquiring an additional 209 shares during the last quarter. Valley Financial Group Inc. increased its stake in shares of First Trust Low Duration Opportunities ETF by 1.9% in the third quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock worth $663,000 after acquiring an additional 246 shares during the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 38.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after acquiring an additional 250 shares in the last quarter. Finally, Koshinski Asset Management Inc. raised its holdings in shares of First Trust Low Duration Opportunities ETF by 5.5% during the third quarter. Koshinski Asset Management Inc. now owns 5,870 shares of the company’s stock worth $292,000 after acquiring an additional 307 shares in the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

LMBS opened at $49.85 on Wednesday. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98. The stock has a fifty day moving average price of $49.87 and a 200 day moving average price of $50.01.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.