Arrow Reserve Capital Management ETF (BATS:ARCM) to Issue Dividend of $0.39

Arrow Reserve Capital Management ETF (BATS:ARCM) announced a dividend on Friday, September 27th, NASDAQ reports. Shareholders of record on Monday, September 30th will be paid a dividend of 0.3874 per share on Monday, October 7th. The ex-dividend date of this dividend is Monday, September 30th.

Arrow Reserve Capital Management ETF Stock Performance

Shares of BATS ARCM traded up $0.04 on Friday, reaching $100.82. 10 shares of the company’s stock traded hands. The company has a 50 day moving average of $100.53 and a 200 day moving average of $100.38.

Arrow Reserve Capital Management ETF Company Profile

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.