First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Raises Dividend to $0.25 Per Share

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) declared a dividend on Monday, April 29th, NASDAQ reports. Investors of record on Wednesday, May 1st will be paid a dividend of 0.249 per share on Friday, May 3rd. The ex-dividend date of this dividend is Tuesday, April 30th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.24.

First Trust Enhanced Short Maturity ETF Stock Performance

First Trust Enhanced Short Maturity ETF stock traded down $0.24 during midday trading on Tuesday, reaching $59.55. The stock had a trading volume of 736,864 shares, compared to its average volume of 947,306. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.40 and a 52-week high of $59.94. The company has a fifty day moving average of $59.73 and a 200 day moving average of $59.70.

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.