First Trust Low Duration Opportunities ETF (LMBS) to Issue Monthly Dividend of $0.17 on February 28th

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Thursday, February 20th, NASDAQ Dividends reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.17 per share on Friday, February 28th. This represents a $2.04 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date is Friday, February 21st.

First Trust Low Duration Opportunities ETF Stock Down 0.2 %

Shares of NASDAQ:LMBS opened at $48.84 on Friday. First Trust Low Duration Opportunities ETF has a twelve month low of $45.06 and a twelve month high of $51.49. The stock’s 50 day moving average is $48.65 and its 200-day moving average is $48.90.

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.