Gentry Private Wealth LLC Sells 363 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Gentry Private Wealth LLC cut its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 1.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 22,081 shares of the company’s stock after selling 363 shares during the quarter. First Trust Low Duration Opportunities ETF comprises approximately 4.5% of Gentry Private Wealth LLC’s investment portfolio, making the stock its 9th biggest position. Gentry Private Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,075,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Keystone Wealth Services LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 7.2% during the 4th quarter. Keystone Wealth Services LLC now owns 67,179 shares of the company’s stock worth $3,270,000 after acquiring an additional 4,509 shares during the period. Jones Financial Companies Lllp raised its position in First Trust Low Duration Opportunities ETF by 804.8% during the fourth quarter. Jones Financial Companies Lllp now owns 27,506 shares of the company’s stock valued at $1,339,000 after purchasing an additional 24,466 shares in the last quarter. SRS Capital Advisors Inc. lifted its stake in First Trust Low Duration Opportunities ETF by 711.0% during the fourth quarter. SRS Capital Advisors Inc. now owns 124,542 shares of the company’s stock worth $6,062,000 after purchasing an additional 109,186 shares during the last quarter. Maia Wealth LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 89.7% in the 4th quarter. Maia Wealth LLC now owns 37,605 shares of the company’s stock valued at $1,828,000 after purchasing an additional 17,786 shares in the last quarter. Finally, West Michigan Advisors LLC increased its stake in shares of First Trust Low Duration Opportunities ETF by 7.6% in the 4th quarter. West Michigan Advisors LLC now owns 6,842 shares of the company’s stock valued at $333,000 after purchasing an additional 486 shares during the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock opened at $49.14 on Monday. The business has a fifty day simple moving average of $48.69 and a 200 day simple moving average of $48.90. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a $0.17 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.15%.

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.