First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) Plans Monthly Dividend of $0.08

First Trust Low Duration Opportunities ETF (NASDAQ:LMBSGet Rating) declared a monthly dividend on Wednesday, April 20th, Zacks reports. Stockholders of record on Friday, April 22nd will be paid a dividend of 0.078 per share on Friday, April 29th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date is Thursday, April 21st.

Shares of First Trust Low Duration Opportunities ETF stock opened at $48.78 on Friday. First Trust Low Duration Opportunities ETF has a one year low of $48.56 and a one year high of $51.56. The business has a 50-day simple moving average of $49.16 and a 200-day simple moving average of $49.78.

A number of institutional investors and hedge funds have recently made changes to their positions in LMBS. Morgan Stanley lifted its stake in First Trust Low Duration Opportunities ETF by 4.3% in the second quarter. Morgan Stanley now owns 18,778,550 shares of the company’s stock valued at $955,828,000 after buying an additional 769,962 shares during the last quarter. OLD Mission Capital LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 99.6% during the third quarter. OLD Mission Capital LLC now owns 134,104 shares of the company’s stock worth $6,930,000 after purchasing an additional 66,915 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of First Trust Low Duration Opportunities ETF by 25.9% during the fourth quarter. Integrated Wealth Concepts LLC now owns 56,859 shares of the company’s stock worth $2,842,000 after purchasing an additional 11,698 shares during the period. Credit Suisse AG acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth $342,000. Finally, Millennium Management LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the fourth quarter worth $295,000.

See Also

Dividend History for First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

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