First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) to Issue $0.25 Dividend

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) declared a dividend on Thursday, June 27th, NASDAQ reports. Investors of record on Friday, June 28th will be paid a dividend of 0.245 per share on Tuesday, July 2nd. The ex-dividend date is Friday, June 28th.

First Trust Enhanced Short Maturity ETF Trading Down 0.4 %

Shares of NASDAQ:FTSM traded down $0.21 during midday trading on Friday, reaching $59.60. 814,627 shares of the company’s stock traded hands, compared to its average volume of 837,999. The company has a fifty day simple moving average of $59.72 and a two-hundred day simple moving average of $59.73. First Trust Enhanced Short Maturity ETF has a 1 year low of $59.40 and a 1 year 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.