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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBSGet Free Report) declared a monthly dividend on Monday, April 20th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 21st will be given a dividend of 0.17 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Tuesday, April 21st.

First Trust Low Duration Opportunities ETF Trading Down 0.5%

LMBS stock traded down $0.25 on Tuesday, reaching $49.96. 89,766 shares of the company were exchanged, compared to its average volume of 609,351. First Trust Low Duration Opportunities ETF has a 12 month low of $48.45 and a 12 month high of $51.98. The stock’s fifty day moving average price is $50.11 and its 200 day moving average price is $50.06.

About First Trust Low Duration Opportunities ETF

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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.

See Also

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

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