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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Investors of record on Thursday, November 21st will be given 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 of this dividend is Thursday, November 21st.

First Trust Low Duration Opportunities ETF Trading Up 0.0 %

Shares of NASDAQ:LMBS opened at $48.61 on Friday. The firm’s 50-day moving average is $49.03 and its two-hundred day moving average is $48.70. First Trust Low Duration Opportunities ETF has a 1 year low of $45.06 and a 1 year 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.