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 Monday, July 20th, NASDAQ Dividends reports. Stockholders of record on Tuesday, July 21st will be given a dividend of 0.17 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, July 21st.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS traded down $0.24 during trading hours on Tuesday, hitting $49.53. The company’s stock had a trading volume of 403,052 shares, compared to its average volume of 570,098. The business has a 50 day simple moving average of $49.77 and a two-hundred day simple moving average of $49.98. First Trust Low Duration Opportunities ETF has a 52-week low of $47.87 and a 52-week high of $51.98.

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.