Arrow Reserve Capital Management ETF (BATS:ARCM) Increases Dividend to $0.37 Per Share

Arrow Reserve Capital Management ETF (BATS:ARCM) announced a dividend on Friday, March 28th, NASDAQ Dividends reports. Investors of record on Monday, March 31st will be paid a dividend of 0.3699 per share on Monday, April 7th. The ex-dividend date is Monday, March 31st. This is a 3.5% increase from Arrow Reserve Capital Management ETF’s previous dividend of $0.36.

Arrow Reserve Capital Management ETF Price Performance

ARCM stock traded up $0.26 during mid-day trading on Friday, reaching $100.57. The company had a trading volume of 193 shares, compared to its average volume of 464. The firm has a 50 day moving average of $100.43 and a 200 day moving average of $100.47. Arrow Reserve Capital Management ETF has a 12 month low of $99.56 and a 12 month high of $100.82.

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.