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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) declared a monthly dividend on Thursday, February 20th, NASDAQ Dividends reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.17 per share on Friday, February 28th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date is Friday, February 21st.

First Trust Low Duration Opportunities ETF Stock Down 0.2 %

Shares of LMBS stock traded down $0.10 during trading hours on Friday, reaching $48.84. 311,538 shares of the company traded hands, compared to its average volume of 500,342. First Trust Low Duration Opportunities ETF has a 12-month low of $45.06 and a 12-month high of $51.49. The firm has a 50-day moving average price of $48.65 and a 200 day moving average price of $48.90.

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.