First Trust Low Duration Opportunities ETF (LMBS) To Go Ex-Dividend on May 24th

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Get Rating) announced a monthly dividend on Monday, May 23rd, Zacks reports. Shareholders of record on Wednesday, May 25th will be given a dividend of 0.078 per share on Tuesday, May 31st. This represents a $0.94 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend is Tuesday, May 24th.

Shares of LMBS traded down $0.06 during mid-day trading on Wednesday, reaching $48.58. The company’s stock had a trading volume of 8,479 shares, compared to its average volume of 802,531. First Trust Low Duration Opportunities ETF has a 12-month low of $48.53 and a 12-month high of $51.09. The company’s 50 day moving average is $48.81 and its 200 day moving average is $49.48.

Large investors have recently added to or reduced their stakes in the stock. Ameritas Investment Partners Inc. acquired a new stake in First Trust Low Duration Opportunities ETF during the 1st quarter worth approximately $97,000. Belpointe Asset Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 4th quarter valued at approximately $200,000. Raleigh Capital Management Inc. acquired a new stake in shares of First Trust Low Duration Opportunities ETF in the 4th quarter valued at approximately $202,000. Thrivent Financial for Lutherans acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter worth $203,000. Finally, Orion Portfolio Solutions LLC acquired a new position in First Trust Low Duration Opportunities ETF during the first quarter worth $263,000.

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