First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) to Issue $0.08 Monthly Dividend

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) declared a monthly dividend on Monday, November 22nd, Zacks reports. Stockholders of record on Wednesday, November 24th will be given a dividend of 0.078 per share on Tuesday, November 30th. This represents a $0.94 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Tuesday, November 23rd.

Shares of LMBS traded up $0.01 during mid-day trading on Wednesday, hitting $50.08. 12,099 shares of the company traded hands, compared to its average volume of 882,849. The business has a 50-day moving average price of $50.51. First Trust Low Duration Opportunities ETF has a 1 year low of $50.05 and a 1 year high of $51.65.

A hedge fund recently raised its stake in First Trust Low Duration Opportunities ETF stock. OLD Mission Capital LLC increased its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 99.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 134,104 shares of the company’s stock after purchasing an additional 66,915 shares during the period. OLD Mission Capital LLC owned approximately 0.10% of First Trust Low Duration Opportunities ETF worth $6,930,000 as of its most recent filing with the Securities & Exchange Commission.

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Dividend History for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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