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

Wesbanco Bank Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 28.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 139,011 shares of the company’s stock after buying an additional 30,999 shares during the quarter. Wesbanco Bank Inc. owned 0.12% of First Trust Low Duration Opportunities ETF worth $6,949,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of LMBS. Elevation Point Wealth Partners LLC bought a new position in shares of First Trust Low Duration Opportunities ETF during the third quarter valued at about $22,376,000. Concurrent Investment Advisors LLC grew its stake in shares of 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 purchasing an additional 382,941 shares during the last quarter. Assetmark Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 105.2% in the fourth quarter. Assetmark Inc. now owns 610,372 shares of the company’s stock worth $30,512,000 after purchasing an additional 312,850 shares during the last quarter. Bank of America Corp DE grew its stake in shares of First Trust Low Duration Opportunities ETF by 18.0% in the second quarter. Bank of America Corp DE now owns 1,630,521 shares of the company’s stock worth $80,319,000 after purchasing an additional 248,784 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. grew its stake in shares of First Trust Low Duration Opportunities ETF by 66.7% in the third quarter. Vestmark Advisory Solutions Inc. now owns 605,360 shares of the company’s stock worth $30,141,000 after purchasing an additional 242,154 shares during the last quarter.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ LMBS opened at $50.00 on Friday. First Trust Low Duration Opportunities ETF has a 1 year low of $48.47 and a 1 year high of $51.98. The business’s 50-day moving average is $50.02 and its 200 day moving average is $50.06.

First Trust Low Duration Opportunities ETF Dividend Announcement

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

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.