First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Increases Dividend to $0.25 Per Share

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) declared 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 Down 0.4 %

NASDAQ FTSM traded down $0.24 during trading on Tuesday, reaching $59.55. 736,864 shares of the company’s stock were exchanged, compared to its average volume of 947,306. First Trust Enhanced Short Maturity ETF has a fifty-two week low of $59.40 and a fifty-two week high of $59.94. The company’s fifty day simple moving average is $59.73 and its 200-day simple moving average is $59.70.

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.