First Trust Low Duration Opportunities ETF (LMBS) to Issue Monthly Dividend of $0.17 on May 29th

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Wednesday, May 20th, NASDAQ Dividends reports. Stockholders of record on Thursday, May 21st will be paid a dividend of 0.17 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Thursday, May 21st.

First Trust Low Duration Opportunities ETF Price Performance

Shares of First Trust Low Duration Opportunities ETF stock opened at $49.62 on Friday. First Trust Low Duration Opportunities ETF has a 12-month low of $47.87 and a 12-month high of $51.98. The company’s 50-day moving average price is $49.93 and its 200-day moving average price is $50.04.

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.