Arrow Reserve Capital Management ETF (BATS:ARCM) to Issue Dividend of $0.37

Arrow Reserve Capital Management ETF (BATS:ARCM) declared a dividend on Friday, March 28th, NASDAQ Dividends reports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.3699 per share on Monday, April 7th. The ex-dividend date of this dividend 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 Stock Performance

BATS:ARCM traded up $0.26 during trading hours on Friday, hitting $100.57. The company’s stock had a trading volume of 193 shares, compared to its average volume of 464. The stock has a fifty day moving average of $100.43 and a 200-day moving average of $100.47. Arrow Reserve Capital Management ETF has a 52-week low of $99.56 and a 52-week 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.