F/m 10-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTEN) to Issue Monthly Dividend of $0.21

F/m 10-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTEN) announced a monthly dividend on Wednesday, January 28th. Shareholders of record on Thursday, January 29th will be given a dividend of 0.214 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Thursday, January 29th. This is a 1.2% increase from F/m 10-Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.21.

F/m 10-Year Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA:ZTEN traded down $0.20 on Thursday, reaching $51.17. 930 shares of the company were exchanged, compared to its average volume of 2,438. The company has a 50-day moving average of $51.45 and a 200-day moving average of $51.26. F/m 10-Year Investment Grade Corporate Bond ETF has a 1-year low of $48.02 and a 1-year high of $52.15.

Institutional Investors Weigh In On F/m 10-Year Investment Grade Corporate Bond ETF

An institutional investor recently bought a new position in F/m 10-Year Investment Grade Corporate Bond ETF stock. JPMorgan Chase & Co. acquired a new position in shares of F/m 10-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTEN) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 931 shares of the company’s stock, valued at approximately $48,000. JPMorgan Chase & Co. owned approximately 0.17% of F/m 10-Year Investment Grade Corporate Bond ETF at the end of the most recent quarter.

About F/m 10-Year Investment Grade Corporate Bond ETF

The F/M 10-Year Investment Grade Corporate Bond Etf (ZTEN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of equally weighted US investment grade corporate bonds with remaining term maturities of approximately ten years. ZTEN was launched on Jan 10, 2024 and is issued by F/m Investments.