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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) declared a monthly dividend on Thursday, August 20th, NASDAQ Dividends reports. Investors of record on Friday, August 21st will be paid 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 of this dividend is Friday, August 21st.

First Trust Low Duration Opportunities ETF Price Performance

LMBS traded down $0.18 during trading on Friday, reaching $49.53. 403,739 shares of the stock were exchanged, compared to its average volume of 549,697. The stock’s 50 day moving average price is $49.69 and its two-hundred day moving average price is $49.89. First Trust Low Duration Opportunities ETF has a twelve month low of $47.87 and a twelve 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.