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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Tuesday, January 20th. Investors of record on Wednesday, January 21st will be given a dividend of 0.17 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Wednesday, January 21st.

First Trust Low Duration Opportunities ETF Stock Down 0.1%

Shares of LMBS stock opened at $50.15 on Wednesday. First Trust Low Duration Opportunities ETF has a 52 week low of $48.37 and a 52 week high of $51.98. The firm’s 50-day simple moving average is $50.04 and its two-hundred day simple moving average is $49.79.

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.