First Trust Low Duration Opportunities ETF (NASDAQ:LMBS – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $51.49 and last traded at $49.41, with a volume of 102999 shares changing hands. The stock had previously closed at $49.41.
First Trust Low Duration Opportunities ETF Price Performance
The firm’s fifty day simple moving average is $49.07 and its 200 day simple moving average is $48.43.
First Trust Low Duration Opportunities ETF Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Thursday, September 26th will be issued a $0.17 dividend. The ex-dividend date is Thursday, September 26th. This represents a $2.04 dividend on an annualized basis and a yield of 4.13%.
Institutional Trading of First Trust Low Duration Opportunities ETF
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.
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