Kintra Wealth LLC Acquires New Shares in First Trust Low Duration Opportunities ETF $LMBS

Kintra Wealth LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 21,758 shares of the company’s stock, valued at approximately $1,082,000.

Several other large investors have also recently added to or reduced their stakes in LMBS. Summit Wealth Group LLC Co. bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 4th quarter worth about $539,000. Centennial Wealth Advisory LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 90.4% in the first quarter. Centennial Wealth Advisory LLC now owns 250,985 shares of the company’s stock valued at $12,502,000 after acquiring an additional 119,195 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 23.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 314,039 shares of the company’s stock valued at $15,699,000 after acquiring an additional 59,371 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in shares of First Trust Low Duration Opportunities ETF by 145.1% during the fourth quarter. Thrivent Financial for Lutherans now owns 102,307 shares of the company’s stock valued at $5,117,000 after acquiring an additional 60,559 shares during the period. Finally, Independent Wealth Network Inc. bought a new stake in First Trust Low Duration Opportunities ETF during the first quarter worth approximately $2,285,000.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS opened at $49.49 on Monday. First Trust Low Duration Opportunities ETF has a 12 month low of $47.87 and a 12 month high of $51.98. The stock’s 50 day moving average price is $49.61 and its 200 day moving average price is $49.84.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 21st were paid a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, August 21st.

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.