Harbour Investments Inc. Has $26.44 Million Holdings in First Trust Low Duration Opportunities ETF $LMBS

Harbour Investments Inc. boosted its holdings in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 9.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 528,903 shares of the company’s stock after acquiring an additional 45,303 shares during the quarter. Harbour Investments Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $26,440,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Secure Asset Management LLC increased its position in First Trust Low Duration Opportunities ETF by 4.9% during the fourth quarter. Secure Asset Management LLC now owns 252,620 shares of the company’s stock worth $12,628,000 after buying an additional 11,896 shares during the last quarter. Center For Asset Management LLC acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter worth approximately $1,555,000. Aaron Wealth Advisors LLC increased its position in First Trust Low Duration Opportunities ETF by 30.9% during the fourth quarter. Aaron Wealth Advisors LLC now owns 458,338 shares of the company’s stock worth $22,912,000 after buying an additional 108,212 shares during the last quarter. Embree Financial Group acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter worth approximately $861,000. Finally, Adamsbrown Wealth Consultants LLC increased its position in First Trust Low Duration Opportunities ETF by 75.3% during the third quarter. Adamsbrown Wealth Consultants LLC now owns 196,199 shares of the company’s stock worth $9,769,000 after buying an additional 84,306 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $49.66 on Tuesday. The business’s 50 day moving average price is $49.91 and its two-hundred day moving average price is $50.04. First Trust Low Duration Opportunities ETF has a twelve month low of $47.87 and a twelve month high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be given a $0.17 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.