Arrow Reserve Capital Management ETF Plans Dividend of $0.36 (BATS:ARCM)

Arrow Reserve Capital Management ETF (BATS:ARCM) announced a dividend on Wednesday, November 27th,NASDAQ Dividends reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.3574 per share on Wednesday, December 4th. The ex-dividend date is Friday, November 29th.

Arrow Reserve Capital Management ETF Stock Performance

BATS:ARCM traded down $0.02 during midday trading on Thursday, hitting $100.61. 1,062 shares of the company traded hands. The firm has a 50-day moving average price of $100.56 and a two-hundred day moving average price of $100.46.

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.