First Trust Low Duration Opportunities ETF (LMBS) to Issue Monthly Dividend of $0.17 on September 30th

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be given a dividend of 0.17 per share on Monday, September 30th. This represents a $2.04 annualized dividend and a yield of 4.13%. The ex-dividend date of this dividend is Thursday, September 26th.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ:LMBS opened at $49.41 on Friday. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $49.92. The stock has a 50 day moving average price of $49.06 and a 200-day moving average price of $48.43.

About First Trust Low Duration Opportunities ETF

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.