First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Announces Dividend Increase – $0.23 Per Share

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) declared a dividend on Thursday, December 26th,NASDAQ Dividends reports. Investors of record on Friday, December 27th will be paid a dividend of 0.233 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 27th. This is an increase from First Trust Enhanced Short Maturity ETF’s previous dividend of $0.23.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM traded down $0.23 during trading hours on Friday, hitting $59.73. 452,745 shares of the stock were exchanged, compared to its average volume of 808,009. First Trust Enhanced Short Maturity ETF has a one year low of $59.54 and a one year high of $60.16. The company’s 50 day moving average is $59.90 and its 200 day moving average is $59.88.

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.