Wesbanco Bank Inc. Has $10.30 Million Holdings in First Trust Low Duration Opportunities ETF $LMBS

Wesbanco Bank Inc. lifted its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 48.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 206,776 shares of the company’s stock after purchasing an additional 67,765 shares during the quarter. Wesbanco Bank Inc. owned 0.17% of First Trust Low Duration Opportunities ETF worth $10,300,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Palisade Asset Management LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $26,000. Bank of Montreal Can lifted its position in First Trust Low Duration Opportunities ETF by 169.0% during the 4th quarter. Bank of Montreal Can now owns 737 shares of the company’s stock worth $37,000 after buying an additional 463 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 38.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after buying an additional 250 shares during the last quarter. Motiv8 Investments LLC acquired a new position in shares of First Trust Low Duration Opportunities ETF during the 4th quarter worth about $56,000. Finally, Flagship Harbor Advisors LLC acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $69,000.

First Trust Low Duration Opportunities ETF Price Performance

NASDAQ:LMBS opened at $49.81 on Friday. First Trust Low Duration Opportunities ETF has a 1-year low of $47.87 and a 1-year high of $51.98. The firm has a fifty day simple moving average of $49.85 and a 200 day simple moving average of $50.01.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be paid a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date is Thursday, June 25th.

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.