First Trust Low Duration Opportunities ETF $LMBS Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lessened its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 35.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 198,100 shares of the company’s stock after selling 109,690 shares during the period. Geneos Wealth Management Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $9,903,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Atwood & Palmer Inc. raised its stake in First Trust Low Duration Opportunities ETF by 85.6% during the 4th quarter. Atwood & Palmer Inc. now owns 30,825 shares of the company’s stock valued at $1,541,000 after purchasing an additional 14,220 shares during the period. Kingswood Wealth Advisors LLC raised its stake in First Trust Low Duration Opportunities ETF by 37.7% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 5,864 shares of the company’s stock valued at $293,000 after purchasing an additional 1,606 shares during the period. APS Management Group Inc. raised its stake in First Trust Low Duration Opportunities ETF by 3.9% during the 4th quarter. APS Management Group Inc. now owns 55,951 shares of the company’s stock valued at $2,797,000 after purchasing an additional 2,121 shares during the period. Migdal Insurance & Financial Holdings Ltd. raised its stake in First Trust Low Duration Opportunities ETF by 1.7% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 82,374 shares of the company’s stock valued at $4,118,000 after purchasing an additional 1,411 shares during the period. Finally, Friedenthal Financial raised its stake in First Trust Low Duration Opportunities ETF by 118.8% during the 4th quarter. Friedenthal Financial now owns 165,186 shares of the company’s stock valued at $8,258,000 after purchasing an additional 89,706 shares during the period.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS opened at $49.93 on Friday. The company’s fifty day moving average is $50.09 and its two-hundred day moving average is $50.06. First Trust Low Duration Opportunities ETF has a 12-month low of $48.45 and a 12-month high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st will be paid a dividend of $0.17 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, April 21st.

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.