Arrow Reserve Capital Management ETF (BATS:ARCM) Declares Monthly Dividend of $0.31

Arrow Reserve Capital Management ETF (BATS:ARCM) declared a monthly dividend on Thursday, October 29th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.3059 per share on Wednesday, November 4th. This represents a $3.67 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, October 30th. This is a 0.3% increase from Arrow Reserve Capital Management ETF’s previous monthly dividend of $0.3049.

Arrow Reserve Capital Management ETF Price Performance

Shares of BATS:ARCM opened at $100.23 on Friday. The company’s fifty day moving average is $100.11 and its two-hundred day moving average is $100.21. Arrow Reserve Capital Management ETF has a 1-year low of $99.34 and a 1-year high of $101.26.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Arrow Reserve Capital Management ETF stock. Compound Planning Inc. bought a new stake in shares of Arrow Reserve Capital Management ETF (BATS:ARCM) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,662 shares of the company’s stock, valued at approximately $366,000. Compound Planning Inc. owned approximately 0.80% of Arrow Reserve Capital Management ETF at the end of the most recent reporting period.

About Arrow Reserve Capital Management ETF

The Arrow Reserve Capital Management ETF (ARCM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to preserve capital and maximize income potential by investing in investment-grade, short-term debt securities. ARCM was launched on Mar 31, 2017 and is managed by ArrowShares.