First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Declares $0.17 Monthly Dividend

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) declared a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Investors of record on Thursday, November 21st will be paid a dividend of 0.17 per share on Friday, November 29th. This represents a $2.04 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Thursday, November 21st.

First Trust Low Duration Opportunities ETF Stock Up 0.0 %

First Trust Low Duration Opportunities ETF stock traded up $0.01 during trading hours on Thursday, hitting $48.61. 473,839 shares of the stock traded hands, compared to its average volume of 478,990. The firm’s 50 day moving average price is $49.05 and its 200-day moving average price is $48.70. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year high of $51.49.

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.