Park National Corp OH Makes New $595,000 Investment in First Trust Low Duration Opportunities ETF $LMBS

Park National Corp OH acquired a new stake in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 11,939 shares of the company’s stock, valued at approximately $595,000.

Other large investors also recently modified their holdings of the company. Morgan Stanley boosted its holdings in shares of First Trust Low Duration Opportunities ETF by 2.5% during the 4th quarter. Morgan Stanley now owns 14,150,597 shares of the company’s stock worth $707,388,000 after buying an additional 338,741 shares during the period. Wells Fargo & Company MN grew its stake in First Trust Low Duration Opportunities ETF by 1.6% in the 4th quarter. Wells Fargo & Company MN now owns 5,522,020 shares of the company’s stock valued at $276,046,000 after buying an additional 87,626 shares during the last quarter. Raymond James Financial Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 6.7% in the 4th quarter. Raymond James Financial Inc. now owns 4,066,736 shares of the company’s stock valued at $203,296,000 after acquiring an additional 256,318 shares during the period. Royal Bank of Canada raised its holdings in First Trust Low Duration Opportunities ETF by 7.5% in the 4th quarter. Royal Bank of Canada now owns 2,870,141 shares of the company’s stock valued at $143,479,000 after acquiring an additional 199,486 shares during the period. Finally, Bank of America Corp DE raised its holdings in First Trust Low Duration Opportunities ETF by 15.1% in the 3rd quarter. Bank of America Corp DE now owns 1,877,318 shares of the company’s stock valued at $93,472,000 after acquiring an additional 246,797 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ:LMBS opened at $49.85 on Monday. First Trust Low Duration Opportunities ETF has a 12-month low of $47.87 and a 12-month high of $51.98. The business has a 50 day moving average of $49.87 and a 200-day moving average of $50.01.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were issued a dividend of $0.17 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, May 21st.

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.