Harbour Investments Inc. Purchases 49,942 Shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

by · The Cerbat Gem

Harbour Investments Inc. increased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBSFree Report) by 18.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 318,047 shares of the company’s stock after acquiring an additional 49,942 shares during the quarter. Harbour Investments Inc. owned about 0.34% of First Trust Low Duration Opportunities ETF worth $15,715,000 as of its most recent SEC filing.

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

First Trust Low Duration Opportunities ETF Stock Performance

LMBS opened at $48.80 on Tuesday. The firm’s 50-day moving average price is $49.13 and its 200-day moving average price is $48.65. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd were paid a dividend of $0.17 per share. The ex-dividend date was Tuesday, October 22nd. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%.

About First Trust Low Duration Opportunities ETF

(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.

Further Reading

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:LMBSFree Report).