Centennial Wealth Advisory LLC Buys 43,952 Shares of First Trust Low Duration Opportunities ETF $LMBS

Centennial Wealth Advisory LLC grew its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 53.1% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 126,788 shares of the company’s stock after buying an additional 43,952 shares during the period. First Trust Low Duration Opportunities ETF makes up 1.8% of Centennial Wealth Advisory LLC’s investment portfolio, making the stock its 13th biggest holding. Centennial Wealth Advisory LLC owned about 0.12% of First Trust Low Duration Opportunities ETF worth $6,313,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Financial Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF by 5.4% in the 2nd quarter. Raymond James Financial Inc. now owns 3,595,511 shares of the company’s stock valued at $177,115,000 after buying an additional 185,249 shares in the last quarter. Cetera Investment Advisers lifted its stake in First Trust Low Duration Opportunities ETF by 7.5% during the second quarter. Cetera Investment Advisers now owns 1,841,616 shares of the company’s stock worth $90,718,000 after purchasing an additional 128,743 shares during the period. Bank of America Corp DE boosted its holdings in First Trust Low Duration Opportunities ETF by 18.0% during the second quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock valued at $80,319,000 after purchasing an additional 248,784 shares in the last quarter. First Trust Advisors LP grew its stake in shares of First Trust Low Duration Opportunities ETF by 11.5% in the 2nd quarter. First Trust Advisors LP now owns 1,103,235 shares of the company’s stock valued at $54,345,000 after purchasing an additional 113,364 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 8.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,024,084 shares of the company’s stock worth $50,989,000 after buying an additional 78,316 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Down 0.1%

Shares of LMBS stock opened at $49.95 on Monday. The stock’s fifty day simple moving average is $49.99 and its 200 day simple moving average is $49.72. First Trust Low Duration Opportunities ETF has a one year low of $48.32 and a one year high of $50.25.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.17 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a c) annualized dividend and a dividend 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.