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

Geneos Wealth Management Inc. lifted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 139.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 305,634 shares of the company’s stock after purchasing an additional 177,987 shares during the period. Geneos Wealth Management Inc. owned about 0.29% of First Trust Low Duration Opportunities ETF worth $15,056,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Creekmur Asset Management LLC raised its stake in First Trust Low Duration Opportunities ETF by 497.2% during the second quarter. Creekmur Asset Management LLC now owns 633 shares of the company’s stock valued at $31,000 after buying an additional 527 shares in the last quarter. Hollencrest Capital Management acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter valued at approximately $31,000. Barnes Dennig Private Wealth Management LLC bought a new position in First Trust Low Duration Opportunities ETF during the second quarter worth $46,000. Y.D. More Investments Ltd boosted its holdings in First Trust Low Duration Opportunities ETF by 133.7% in the second quarter. Y.D. More Investments Ltd now owns 1,596 shares of the company’s stock worth $78,000 after purchasing an additional 913 shares during the period. Finally, Titleist Asset Management LLC acquired a new position in First Trust Low Duration Opportunities ETF in the second quarter worth $202,000.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS opened at $49.86 on Friday. The company’s fifty day moving average is $49.99 and its two-hundred day moving average is $49.60. First Trust Low Duration Opportunities ETF has a 1-year low of $48.32 and a 1-year high of $50.25.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be paid a dividend of $0.17 per share. The ex-dividend date is Friday, December 12th. This represents a c) annualized dividend and a yield of 4.1%.

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.