First Trust Enhanced Short Maturity ETF Announces Monthly Dividend of $0.19 (NASDAQ:FTSM)

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) announced a monthly dividend on Thursday, February 26th. Investors of record on Friday, February 27th will be paid a dividend of 0.191 per share on Tuesday, March 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, February 27th.

First Trust Enhanced Short Maturity ETF Price Performance

FTSM traded down $0.16 during trading hours on Friday, reaching $59.93. 32,435 shares of the company’s stock traded hands, compared to its average volume of 1,001,112. The firm has a 50-day moving average price of $60.01 and a 200 day moving average price of $60.01. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.73 and a 52-week high of $60.14.

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.