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

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) declared 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 annualized dividend and a yield of 4.18%. The ex-dividend date is Friday, February 21st.

First Trust Low Duration Opportunities ETF Stock Performance

First Trust Low Duration Opportunities ETF stock traded down $0.10 during mid-day trading on Friday, hitting $48.84. The company’s stock had a trading volume of 311,538 shares, compared to its average volume of 500,342. The company has a 50 day moving average of $48.65 and a 200-day moving average of $48.90. First Trust Low Duration Opportunities ETF has a one year low of $45.06 and a one year high of $51.49.

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.