Arrow Reserve Capital Management ETF Plans Monthly Dividend of $0.21 (BATS:ARCM)

Arrow Reserve Capital Management ETF (BATS:ARCM) declared a monthly dividend on Thursday, January 29th. Shareholders of record on Friday, January 30th will be given a dividend of 0.2139 per share on Wednesday, February 4th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, January 30th.

Arrow Reserve Capital Management ETF Price Performance

ARCM traded down $0.13 during trading on Friday, hitting $100.18. 534 shares of the company traded hands, compared to its average volume of 728. Arrow Reserve Capital Management ETF has a one year low of $99.99 and a one year high of $101.74. The stock’s fifty day moving average is $100.29 and its 200 day moving average is $100.33.

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.