Harbor Investment Advisory LLC Has $134,000 Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Harbor Investment Advisory LLC boosted its stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 20.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,746 shares of the company’s stock after buying an additional 459 shares during the period. Harbor Investment Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $134,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 12.2% during the 3rd quarter. LPL Financial LLC now owns 8,560,709 shares of the company’s stock worth $422,985,000 after purchasing an additional 929,010 shares in the last quarter. Cetera Investment Advisers grew its position in shares of First Trust Low Duration Opportunities ETF by 17.5% during the 2nd quarter. Cetera Investment Advisers now owns 940,225 shares of the company’s stock worth $45,178,000 after purchasing an additional 140,132 shares in the last quarter. Raymond James & Associates grew its position in shares of First Trust Low Duration Opportunities ETF by 6.0% during the 3rd quarter. Raymond James & Associates now owns 809,835 shares of the company’s stock worth $40,014,000 after purchasing an additional 45,961 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in shares of First Trust Low Duration Opportunities ETF by 7.0% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 753,068 shares of the company’s stock worth $37,209,000 after purchasing an additional 48,939 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of First Trust Low Duration Opportunities ETF by 12.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 698,281 shares of the company’s stock worth $33,552,000 after purchasing an additional 78,879 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ:LMBS opened at $48.53 on Thursday. The company’s 50 day moving average price is $48.71 and its two-hundred day moving average price is $48.88. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be issued a dividend of $0.17 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date of this dividend is Wednesday, January 22nd.

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.