First Trust Low Duration Opportunities ETF (LMBS) to Issue Monthly Dividend of $0.17 on February 27th

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) declared a monthly dividend on Thursday, February 19th. Investors of record on Friday, February 20th will be given a dividend of 0.17 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Friday, February 20th.

First Trust Low Duration Opportunities ETF Stock Performance

LMBS stock opened at $50.27 on Friday. First Trust Low Duration Opportunities ETF has a 1-year low of $48.37 and a 1-year high of $51.98. The business has a 50 day simple moving average of $50.13 and a two-hundred day simple moving average of $49.95.

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.