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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.17 per share on Friday, November 29th. This represents a $2.04 annualized dividend and a yield of 4.20%. The ex-dividend date is Thursday, November 21st.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS traded down $0.16 during midday trading on Thursday, reaching $48.61. 473,839 shares of the company’s stock were exchanged, compared to its average volume of 478,990. The company’s 50 day simple moving average is $49.05 and its two-hundred day simple moving average is $48.70. First Trust Low Duration Opportunities ETF has a 12 month low of $45.06 and a 12 month high of $51.49.

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.