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

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) announced a monthly dividend on Thursday, May 28th, NASDAQ Dividends reports. Stockholders of record on Friday, May 29th will be given a dividend of 0.205 per share on Tuesday, June 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, May 29th.

First Trust Enhanced Short Maturity ETF Stock Performance

Shares of FTSM stock traded down $0.17 during mid-day trading on Friday, reaching $59.78. The company’s stock had a trading volume of 621,634 shares, compared to its average volume of 964,408. The company’s 50 day simple moving average is $59.88 and its 200-day simple moving average is $59.95. First Trust Enhanced Short Maturity ETF has a 12-month low of $59.74 and a 12-month high of $60.14.

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.