First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Increases Dividend to $0.12 Per Share

First Trust Low Duration Opportunities ETF (NASDAQ:LMBSGet Rating) declared a monthly dividend on Monday, November 21st, Zacks reports. Stockholders of record on Wednesday, November 23rd will be paid a dividend of 0.12 per share on Wednesday, November 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date is Tuesday, November 22nd. This is an increase from First Trust Low Duration Opportunities ETF’s previous monthly dividend of $0.11.

First Trust Low Duration Opportunities ETF Stock Up 0.1 %

First Trust Low Duration Opportunities ETF stock opened at $47.21 on Wednesday. First Trust Low Duration Opportunities ETF has a 52-week low of $46.62 and a 52-week high of $50.20. The firm’s fifty day moving average is $47.25 and its 200 day moving average is $48.00.

Institutional Investors Weigh In On First Trust Low Duration Opportunities ETF

Several large investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its stake in shares of First Trust Low Duration Opportunities ETF by 137.7% in the 1st quarter. Bank of New York Mellon Corp now owns 20,469 shares of the company’s stock valued at $1,002,000 after purchasing an additional 11,859 shares during the last quarter. Raymond James Trust N.A. grew its holdings in First Trust Low Duration Opportunities ETF by 32.5% during the 1st quarter. Raymond James Trust N.A. now owns 18,059 shares of the company’s stock valued at $884,000 after purchasing an additional 4,427 shares during the last quarter. Moors & Cabot Inc. grew its holdings in First Trust Low Duration Opportunities ETF by 27.9% during the 1st quarter. Moors & Cabot Inc. now owns 18,656 shares of the company’s stock valued at $913,000 after purchasing an additional 4,073 shares during the last quarter. Baird Financial Group Inc. lifted its stake in First Trust Low Duration Opportunities ETF by 2.1% in the first quarter. Baird Financial Group Inc. now owns 696,622 shares of the company’s stock worth $34,100,000 after purchasing an additional 14,231 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of First Trust Low Duration Opportunities ETF by 53.3% during the first quarter. NewEdge Advisors LLC now owns 313,633 shares of the company’s stock valued at $15,352,000 after buying an additional 109,087 shares during the period.

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

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