First Trust Low Duration Opportunities ETF (LMBS) to Issue Monthly Dividend of $0.17 on November 17th

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) declared a monthly dividend on Monday, October 20th. Shareholders of record on Monday, November 3rd will be paid a dividend of 0.17 per share on Monday, November 17th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Monday, November 3rd.

First Trust Low Duration Opportunities ETF Trading Down 0.4%

First Trust Low Duration Opportunities ETF stock opened at $49.95 on Wednesday. First Trust Low Duration Opportunities ETF has a 52 week low of $48.32 and a 52 week high of $50.25. The stock has a 50 day moving average of $49.79 and a 200-day moving average of $49.30.

About First Trust Low Duration Opportunities ETF

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.