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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) declared a monthly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be given a dividend of 0.17 per share on Monday, March 31st. This represents a $2.04 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date is Thursday, March 27th.

First Trust Low Duration Opportunities ETF Price Performance

Shares of LMBS opened at $49.03 on Friday. The company’s 50-day moving average is $48.91 and its 200-day moving average is $48.91. First Trust Low Duration Opportunities ETF has a fifty-two week low of $45.06 and a fifty-two week high of $51.49.

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.