First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Declares Dividend Increase – $0.25 Per Share

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

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of First Trust Enhanced Short Maturity ETF stock traded up $0.01 during trading on Tuesday, reaching $59.55. The company’s stock had a trading volume of 736,864 shares, compared to its average volume of 947,306. The business’s 50-day moving average price is $59.73 and its 200-day moving average price is $59.70. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.40 and a 52 week high of $59.94.

About First Trust Enhanced Short Maturity ETF

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.