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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Tuesday, January 21st,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 22nd will be paid a dividend of 0.17 per share on Friday, January 31st. This represents a $2.04 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Wednesday, January 22nd.

First Trust Low Duration Opportunities ETF Trading Down 0.4 %

Shares of First Trust Low Duration Opportunities ETF stock opened at $48.53 on Thursday. The business has a 50-day moving average price of $48.71 and a two-hundred day moving average price of $48.88. 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.