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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) declared a monthly dividend on Thursday, December 12th,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.17 per share on Tuesday, December 31st. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend is Friday, December 13th.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ:LMBS traded down $0.05 during midday trading on Friday, reaching $48.78. The company’s stock had a trading volume of 336,639 shares, compared to its average volume of 476,893. The business’s fifty day simple moving average is $48.87 and its 200-day simple moving average is $48.79. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week 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.