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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Thursday, February 19th. Shareholders of record on Friday, February 20th will be paid a dividend of 0.17 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, February 20th.

First Trust Low Duration Opportunities ETF Stock Performance

NASDAQ LMBS traded down $0.17 during trading on Friday, reaching $50.25. The company’s stock had a trading volume of 62,133 shares, compared to its average volume of 671,505. The firm has a 50 day moving average price of $50.13 and a 200 day moving average price of $49.94. First Trust Low Duration Opportunities ETF has a 12 month low of $48.37 and a 12 month high of $51.98.

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.