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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.17 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust Low Duration Opportunities ETF Trading Down 0.3%

First Trust Low Duration Opportunities ETF stock traded down $0.14 during mid-day trading on Thursday, hitting $49.80. The company had a trading volume of 360,195 shares, compared to its average volume of 560,230. First Trust Low Duration Opportunities ETF has a 12-month low of $47.87 and a 12-month high of $51.98. The company’s fifty day moving average is $49.87 and its 200-day moving average is $50.01.

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.