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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) declared a monthly dividend on Tuesday, January 20th. Shareholders of record on Wednesday, January 21st will be paid a dividend of 0.17 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Wednesday, January 21st.

First Trust Low Duration Opportunities ETF Stock Down 0.3%

Shares of First Trust Low Duration Opportunities ETF stock traded down $0.17 on Wednesday, reaching $49.99. The company’s stock had a trading volume of 107,067 shares, compared to its average volume of 806,161. The stock has a 50-day moving average price of $50.04 and a 200-day moving average price of $49.79. First Trust Low Duration Opportunities ETF has a 52-week low of $48.37 and a 52-week high of $51.98.

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.