Wesbanco Bank Inc. Acquires 30,999 Shares of First Trust Low Duration Opportunities ETF $LMBS

Wesbanco Bank Inc. increased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 28.7% during the 4th quarter, Holdings Channel reports. The firm owned 139,011 shares of the company’s stock after buying an additional 30,999 shares during the period. Wesbanco Bank Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $6,949,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of LMBS. Raymond James Financial Inc. lifted its holdings in First Trust Low Duration Opportunities ETF by 6.0% in the third quarter. Raymond James Financial Inc. now owns 3,810,418 shares of the company’s stock worth $189,721,000 after buying an additional 214,907 shares during the period. Bank of America Corp DE lifted its holdings in First Trust Low Duration Opportunities ETF by 15.1% in the third quarter. Bank of America Corp DE now owns 1,877,318 shares of the company’s stock worth $93,472,000 after buying an additional 246,797 shares during the period. First Trust Advisors LP lifted its holdings in First Trust Low Duration Opportunities ETF by 11.7% in the third quarter. First Trust Advisors LP now owns 1,232,615 shares of the company’s stock worth $61,372,000 after buying an additional 129,380 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in First Trust Low Duration Opportunities ETF by 46.4% in the fourth quarter. Concurrent Investment Advisors LLC now owns 1,207,824 shares of the company’s stock worth $60,379,000 after buying an additional 382,941 shares during the period. Finally, Berger Financial Group Inc lifted its holdings in First Trust Low Duration Opportunities ETF by 4.3% in the fourth quarter. Berger Financial Group Inc now owns 1,054,929 shares of the company’s stock worth $52,736,000 after buying an additional 43,188 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS opened at $50.00 on Friday. First Trust Low Duration Opportunities ETF has a one year low of $48.47 and a one year high of $51.98. The company has a 50-day simple moving average of $50.02 and a two-hundred day simple moving average of $50.06.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were issued a $0.17 dividend. The ex-dividend date was Tuesday, April 21st. This represents a c) annualized dividend and a yield of 4.1%.

About First Trust Low Duration Opportunities ETF

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.