Gentry Private Wealth LLC Has $1.11 Million Stock Holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Gentry Private Wealth LLC decreased its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 15.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,444 shares of the company’s stock after selling 4,199 shares during the period. First Trust Low Duration Opportunities ETF accounts for 0.9% of Gentry Private Wealth LLC’s portfolio, making the stock its 19th largest position. Gentry Private Wealth LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,109,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hershey Financial Advisers LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter valued at $30,000. Hilltop National Bank acquired a new position in First Trust Low Duration Opportunities ETF in the second quarter valued at about $42,000. Chris Bulman Inc bought a new position in First Trust Low Duration Opportunities ETF during the second quarter worth about $43,000. Triad Wealth Partners LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 2nd quarter worth about $44,000. Finally, GAMMA Investing LLC bought a new stake in shares of First Trust Low Duration Opportunities ETF in the 2nd quarter valued at about $62,000.

First Trust Low Duration Opportunities ETF Price Performance

First Trust Low Duration Opportunities ETF stock opened at $48.63 on Friday. The company’s 50 day simple moving average is $49.02 and its 200 day simple moving average is $48.71. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be given a dividend of $0.17 per share. The ex-dividend date is Thursday, November 21st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.19%.

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.