Geneos Wealth Management Inc. Acquires 36,106 Shares of First Trust Low Duration Opportunities ETF $LMBS

Geneos Wealth Management Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 18.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 234,206 shares of the company’s stock after purchasing an additional 36,106 shares during the period. Geneos Wealth Management Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $11,666,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sanctuary Advisors LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 0.7% in the 1st quarter. Sanctuary Advisors LLC now owns 47,689 shares of the company’s stock worth $2,375,000 after buying an additional 318 shares during the period. Sigma Planning Corp raised its holdings in shares of First Trust Low Duration Opportunities ETF by 5.0% during the first quarter. Sigma Planning Corp now owns 71,458 shares of the company’s stock valued at $3,559,000 after acquiring an additional 3,414 shares in the last quarter. Milestones Private Investment Advisors LLC raised its holdings in shares of First Trust Low Duration Opportunities ETF by 9.4% during the first quarter. Milestones Private Investment Advisors LLC now owns 7,068 shares of the company’s stock valued at $352,000 after acquiring an additional 607 shares in the last quarter. Center for Financial Planning Inc. lifted its stake in First Trust Low Duration Opportunities ETF by 0.8% in the first quarter. Center for Financial Planning Inc. now owns 66,511 shares of the company’s stock worth $3,313,000 after acquiring an additional 540 shares during the period. Finally, Team Financial Group LLC lifted its stake in First Trust Low Duration Opportunities ETF by 24.0% in the first quarter. Team Financial Group LLC now owns 30,385 shares of the company’s stock worth $1,513,000 after acquiring an additional 5,884 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.2%

NASDAQ:LMBS opened at $49.80 on Thursday. The firm’s fifty day simple moving average is $49.78 and its 200 day simple moving average is $49.98. First Trust Low Duration Opportunities ETF has a twelve month low of $47.87 and a twelve month high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a $0.17 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, June 25th.

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.