Prosperity Financial Group Inc. Boosts Stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Prosperity Financial Group Inc. raised its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 104,113 shares of the company’s stock after acquiring an additional 6,672 shares during the quarter. First Trust Low Duration Opportunities ETF comprises 2.9% of Prosperity Financial Group Inc.’s holdings, making the stock its 4th biggest holding. Prosperity Financial Group Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $5,144,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Kingsview Wealth Management LLC boosted its position in First Trust Low Duration Opportunities ETF by 34.4% during the third quarter. Kingsview Wealth Management LLC now owns 255,230 shares of the company’s stock worth $12,611,000 after purchasing an additional 65,287 shares during the period. Cerity Partners LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 24.4% during the 3rd quarter. Cerity Partners LLC now owns 382,949 shares of the company’s stock valued at $18,922,000 after buying an additional 75,143 shares in the last quarter. LPL Financial LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after buying an additional 929,010 shares during the period. Trustmark National Bank Trust Department grew its stake in First Trust Low Duration Opportunities ETF by 115.7% in the 3rd quarter. Trustmark National Bank Trust Department now owns 9,322 shares of the company’s stock valued at $461,000 after buying an additional 5,000 shares in the last quarter. Finally, Cypress Capital Group grew its stake in First Trust Low Duration Opportunities ETF by 7.7% in the 3rd quarter. Cypress Capital Group now owns 26,901 shares of the company’s stock valued at $1,329,000 after buying an additional 1,925 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ:LMBS opened at $48.63 on Monday. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49. The stock’s fifty day moving average price is $49.02 and its two-hundred day moving average price is $48.71.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be issued 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 yield of 4.19%.

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.