Arrow Reserve Capital Management ETF (ARCM) to Issue Dividend of $0.39 on October 7th

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

Arrow Reserve Capital Management ETF Stock Performance

Shares of BATS:ARCM traded up $0.04 on Friday, hitting $100.82. 10 shares of the company’s stock were exchanged. The stock’s fifty day moving average is $100.53 and its 200-day moving average is $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.