Wesbanco Bank Inc. Buys 14,575 Shares of First Trust Low Duration Opportunities ETF $LMBS

Wesbanco Bank Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 15.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,012 shares of the company’s stock after purchasing an additional 14,575 shares during the quarter. Wesbanco Bank Inc.’s holdings in First Trust Low Duration Opportunities ETF were worth $5,378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avestar Capital LLC lifted its position in shares of First Trust Low Duration Opportunities ETF by 1.2% during the second quarter. Avestar Capital LLC now owns 18,040 shares of the company’s stock valued at $889,000 after buying an additional 208 shares during the last quarter. Iams Wealth Management LLC raised its stake in shares of First Trust Low Duration Opportunities ETF by 0.6% during the 3rd quarter. Iams Wealth Management LLC now owns 37,073 shares of the company’s stock worth $1,846,000 after acquiring an additional 212 shares in the last quarter. TrueWealth Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF by 5.4% during the third quarter. TrueWealth Advisors LLC now owns 5,588 shares of the company’s stock valued at $278,000 after acquiring an additional 286 shares during the last quarter. VestGen Advisors LLC lifted its position in First Trust Low Duration Opportunities ETF by 0.5% during the second quarter. VestGen Advisors LLC now owns 60,981 shares of the company’s stock valued at $3,004,000 after acquiring an additional 287 shares during the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in First Trust Low Duration Opportunities ETF by 1.1% in the second quarter. Chicago Partners Investment Group LLC now owns 29,114 shares of the company’s stock valued at $1,431,000 after acquiring an additional 310 shares in the last quarter.

First Trust Low Duration Opportunities ETF Stock Up 0.1%

Shares of LMBS stock opened at $50.23 on Tuesday. First Trust Low Duration Opportunities ETF has a 12-month low of $48.37 and a 12-month high of $51.98. The business’s fifty day simple moving average is $50.06 and its 200-day simple moving average is $49.88.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were issued a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) dividend on an annualized basis and a dividend 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.