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

Wesbanco Bank Inc. boosted 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 filing with the Securities and Exchange Commission. The firm owned 206,776 shares of the company’s stock after acquiring an additional 67,765 shares during the period. Wesbanco Bank Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $10,300,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Certified Advisory Corp boosted its position in First Trust Low Duration Opportunities ETF by 3.2% during the first quarter. Certified Advisory Corp now owns 6,452 shares of the company’s stock worth $321,000 after purchasing an additional 200 shares during the period. TrueWealth Advisors LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 3.7% in the fourth quarter. TrueWealth Advisors LLC now owns 5,797 shares of the company’s stock valued at $290,000 after purchasing an additional 209 shares during the period. Valley Financial Group Inc. lifted its stake in shares of First Trust Low Duration Opportunities ETF by 1.9% during the 3rd quarter. Valley Financial Group Inc. now owns 13,324 shares of the company’s stock worth $663,000 after buying an additional 246 shares during the last quarter. Hazlett Burt & Watson Inc. lifted 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. Finally, Lake Street Private Wealth LLC boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 7.6% during the 4th quarter. Lake Street Private Wealth LLC now owns 5,945 shares of the company’s stock worth $297,000 after buying an additional 419 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.0%

Shares of LMBS opened at $49.81 on Friday. First Trust Low Duration Opportunities ETF has a 52 week low of $47.87 and a 52 week high of $51.98. The firm’s 50-day simple moving average is $49.85 and its 200 day simple moving average is $50.01.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be issued a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a dividend 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.