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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Get Free Report) declared a monthly dividend on Tuesday, October 20th. Stockholders of record on Wednesday, October 21st will be given a dividend of $0.17 per share on Monday, November 2nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, October 21st.

First Trust Low Duration Opportunities ETF Trading Down 0.3%

Shares of NASDAQ LMBS traded down $0.13 during mid-day trading on Wednesday, hitting $48.61. 181,770 shares of the stock traded hands, compared to its average volume of 570,757. First Trust Low Duration Opportunities ETF has a 52 week low of $47.60 and a 52 week high of $51.98. The stock has a fifty day moving average price of $49.12 and a 200-day moving average price of $49.55.

About First Trust Low Duration Opportunities ETF

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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.

Further Reading

Dividend History for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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