Centaurus Financial Inc. Acquires 13,973 Shares of First Trust Low Duration Opportunities ETF $LMBS

Centaurus Financial Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 211.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 20,581 shares of the company’s stock after buying an additional 13,973 shares during the period. Centaurus Financial Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $1,025,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Morgan Stanley increased its position in shares of First Trust Low Duration Opportunities ETF by 2.5% during the fourth quarter. Morgan Stanley now owns 14,150,597 shares of the company’s stock worth $707,388,000 after acquiring an additional 338,741 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of First Trust Low Duration Opportunities ETF by 1.6% during the fourth quarter. Wells Fargo & Company MN now owns 5,522,020 shares of the company’s stock worth $276,046,000 after acquiring an additional 87,626 shares during the period. Raymond James Financial Inc. lifted its position in First Trust Low Duration Opportunities ETF by 6.7% in the 4th quarter. Raymond James Financial Inc. now owns 4,066,736 shares of the company’s stock valued at $203,296,000 after acquiring an additional 256,318 shares in the last quarter. Royal Bank of Canada boosted its stake in First Trust Low Duration Opportunities ETF by 13.0% in the 1st quarter. Royal Bank of Canada now owns 3,242,866 shares of the company’s stock worth $161,527,000 after purchasing an additional 372,725 shares during the period. Finally, Cetera Investment Advisers boosted its stake in First Trust Low Duration Opportunities ETF by 7.2% in the 1st quarter. Cetera Investment Advisers now owns 2,551,727 shares of the company’s stock worth $127,102,000 after purchasing an additional 171,648 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.1%

LMBS stock opened at $49.49 on Friday. The stock has a 50-day moving average price of $49.72 and a two-hundred day moving average price of $49.94. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

First Trust Low Duration Opportunities ETF 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.