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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Thursday, August 20th, NASDAQ Dividends reports. Investors of record on Friday, August 21st will be given a dividend of 0.17 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Friday, August 21st.

First Trust Low Duration Opportunities ETF Stock Down 0.4%

Shares of First Trust Low Duration Opportunities ETF stock traded down $0.18 during trading hours on Friday, hitting $49.53. 403,739 shares of the company’s stock traded hands, compared to its average volume of 549,697. First Trust Low Duration Opportunities ETF has a twelve month low of $47.87 and a twelve month high of $51.98. The stock has a 50 day simple moving average of $49.69 and a 200-day simple moving average of $49.89.

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.