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

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 given 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 of this dividend is Thursday, May 21st.

First Trust Low Duration Opportunities ETF Stock Down 0.2%

Shares of LMBS stock traded down $0.10 during trading hours on Thursday, reaching $49.62. 486,095 shares of the stock traded hands, compared to its average volume of 587,572. First Trust Low Duration Opportunities ETF has a 1-year low of $47.87 and a 1-year high of $51.98. The business has a fifty day moving average price of $49.94 and a 200 day moving average price of $50.05.

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.