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

by · The Cerbat Gem

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Get Free Report) declared a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Shareholders of record on Tuesday, July 21st will be given a dividend of 0.17 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, July 21st.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock traded down $0.24 during trading hours on Tuesday, reaching $49.53. 403,052 shares of the company’s stock were exchanged, compared to its average volume of 570,098. The company’s 50 day moving average is $49.77 and its two-hundred day moving average is $49.98. First Trust Low Duration Opportunities ETF has a 1 year low of $47.87 and a 1 year high of $51.98.

First Trust Low Duration Opportunities ETF Company Profile

(Get Free Report)

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.

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