Arrow Reserve Capital Management ETF (BATS:ARCM – Get Free Report) declared a monthly dividend on Thursday, January 29th. Shareholders of record on Friday, January 30th will be given a dividend of 0.2139 per share on Wednesday, February 4th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, January 30th.
Arrow Reserve Capital Management ETF Trading Down 0.1%
BATS:ARCM opened at $100.18 on Friday. The business’s 50-day simple moving average is $100.29 and its 200-day simple moving average is $100.33. Arrow Reserve Capital Management ETF has a fifty-two week low of $99.99 and a fifty-two week high of $101.74.
Institutional Trading of Arrow Reserve Capital Management ETF
A hedge fund recently raised its stake in Arrow Reserve Capital Management ETF stock. Axim Planning & Wealth boosted its position in Arrow Reserve Capital Management ETF (BATS:ARCM – Free Report) by 46.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,209 shares of the company’s stock after purchasing an additional 6,678 shares during the period. Arrow Reserve Capital Management ETF accounts for about 1.7% of Axim Planning & Wealth’s portfolio, making the stock its 4th biggest holding. Axim Planning & Wealth owned about 4.61% of Arrow Reserve Capital Management ETF worth $2,125,000 at the end of the most recent reporting period.
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.
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