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

Geneos Wealth Management Inc. lifted its position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report) by 18.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 234,206 shares of the company’s stock after purchasing an additional 36,106 shares during the quarter. Geneos Wealth Management Inc. owned 0.19% of First Trust Low Duration Opportunities ETF worth $11,666,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Palisade Asset Management LLC bought a new stake in First Trust Low Duration Opportunities ETF in the 3rd quarter worth approximately $26,000. Whittier Trust Co. of Nevada Inc. bought a new position in First Trust Low Duration Opportunities ETF during the first quarter valued at approximately $35,000. Bank of Montreal Can grew its position in First Trust Low Duration Opportunities ETF by 169.0% during the fourth quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $37,000 after acquiring an additional 463 shares during the last quarter. Hazlett Burt & Watson Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF by 38.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after acquiring an additional 250 shares in the last quarter. Finally, Motiv8 Investments LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth approximately $56,000.

Get First Trust Low Duration Opportunities ETF alerts:

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS opened at $49.80 on Thursday. First Trust Low Duration Opportunities ETF has a fifty-two week low of $47.87 and a fifty-two week high of $51.98. The firm has a 50 day moving average price of $49.78 and a 200-day moving average price of $49.98.

First Trust Low Duration Opportunities ETF Announces Dividend

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

First Trust Low Duration Opportunities ETF Company Profile

(Free Report)

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.

Featured Stories

• Five stocks we like better than First Trust Low Duration Opportunities ETF
• Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
• CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
• Why ASML’s AI Monopoly Is Still Getting Stronger
• Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings

Want to see what other hedge funds are holding LMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Free Report).

Receive News & Ratings for First Trust Low Duration Opportunities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Low Duration Opportunities ETF and related companies with MarketBeat.com's FREE daily email newsletter.