First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) to Issue $0.18 Dividend

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) declared a dividend on Monday, April 22nd, NASDAQ reports. Stockholders of record on Wednesday, April 24th will be paid a dividend of 0.175 per share on Tuesday, April 30th. The ex-dividend date of this dividend is Tuesday, April 23rd.

First Trust Low Duration Opportunities ETF Trading Down 0.2 %

Shares of LMBS stock traded down $0.09 during trading hours on Tuesday, hitting $47.68. 409,707 shares of the company were exchanged, compared to its average volume of 522,653. The firm has a fifty day moving average of $48.07 and a 200 day moving average of $47.85. First Trust Low Duration Opportunities ETF has a 1 year low of $46.58 and a 1 year high of $48.55.

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.