First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Announces Monthly Dividend of $0.21

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) declared a monthly dividend on Monday, March 30th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.208 per share on Thursday, April 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a 8.9% increase from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.19.

First Trust Enhanced Short Maturity ETF Stock Down 0.3%

NASDAQ FTSM traded down $0.16 during trading hours on Tuesday, reaching $59.78. 1,609,333 shares of the company’s stock were exchanged, compared to its average volume of 1,032,630. First Trust Enhanced Short Maturity ETF has a one year low of $59.73 and a one year high of $60.14. The firm has a fifty day moving average of $59.97 and a 200-day moving average of $60.00.

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.