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

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) announced a monthly dividend on Thursday, July 30th, NASDAQ Dividends reports. Shareholders of record on Friday, July 31st will be paid a dividend of 0.206 per share on Tuesday, August 4th. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, July 31st.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM traded down $0.18 on Friday, reaching $59.73. 435,523 shares of the stock were exchanged, compared to its average volume of 884,957. The company’s 50-day moving average price is $59.84 and its 200 day moving average price is $59.90. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.70 and a fifty-two week high of $60.14.

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.