Arrow Reserve Capital Management ETF (BATS:ARCM) Declares Monthly Dividend of $0.31

Arrow Reserve Capital Management ETF (BATS:ARCM) declared a monthly dividend on Thursday, October 29th. Shareholders of record on Friday, October 30th will be given a dividend of $0.3059 per share on Wednesday, November 4th. This represents a $3.67 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Friday, October 30th. This is a 0.3% increase from Arrow Reserve Capital Management ETF’s previous monthly dividend of $0.3049.

Arrow Reserve Capital Management ETF Price Performance

Shares of ARCM opened at $100.23 on Friday. The company’s 50-day simple moving average is $100.11 and its 200-day simple moving average is $100.21. Arrow Reserve Capital Management ETF has a 1 year low of $99.34 and a 1 year high of $101.26.

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.