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

Prosperity Financial Group Inc. lifted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 6.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 104,113 shares of the company’s stock after acquiring an additional 6,672 shares during the period. First Trust Low Duration Opportunities ETF makes up 2.9% of Prosperity Financial Group Inc.’s holdings, making the stock its 4th biggest holding. Prosperity Financial Group Inc. owned 0.11% of First Trust Low Duration Opportunities ETF worth $5,144,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. lifted its stake in First Trust Low Duration Opportunities ETF by 23.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 22,496 shares of the company’s stock valued at $1,063,000 after acquiring an additional 4,275 shares in the last quarter. Coppell Advisory Solutions Corp. purchased a new position in First Trust Low Duration Opportunities ETF during the first quarter worth about $735,000. Comerica Bank grew its position in First Trust Low Duration Opportunities ETF by 6.9% in the 1st quarter. Comerica Bank now owns 171,415 shares of the company’s stock worth $8,271,000 after purchasing an additional 11,010 shares in the last quarter. Atria Investments Inc increased its stake in First Trust Low Duration Opportunities ETF by 12.6% in the 1st quarter. Atria Investments Inc now owns 48,566 shares of the company’s stock valued at $2,343,000 after buying an additional 5,424 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of First Trust Low Duration Opportunities ETF by 114.6% during the 1st quarter. Cetera Investment Advisers now owns 800,093 shares of the company’s stock worth $38,604,000 after buying an additional 427,232 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ LMBS opened at $48.63 on Monday. The stock’s 50 day moving average price is $49.02 and its 200-day moving average price is $48.71. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be paid a $0.17 dividend. The ex-dividend date of this dividend 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.