First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Increases Dividend to $0.21 Per Share

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) declared a monthly dividend on Thursday, January 29th. Shareholders of record on Friday, January 30th will be given a dividend of 0.205 per share on Tuesday, February 3rd. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Friday, January 30th. This is a 2.5% increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.20.

First Trust Enhanced Short Maturity ETF Trading Down 0.3%

Shares of FTSM stock traded down $0.19 during mid-day trading on Friday, hitting $59.94. 23,202 shares of the stock were exchanged, compared to its average volume of 880,944. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.69 and a 52-week high of $60.14. The firm has a fifty day moving average of $60.00 and a 200 day moving average of $60.00.

First Trust Enhanced Short Maturity ETF Company Profile

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.