F/m 10-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTEN) to Issue Dividend Increase – $0.21 Per Share

F/m 10-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTEN) declared a dividend on Wednesday, May 27th, NASDAQ Dividends reports. Investors of record on Thursday, May 28th will be paid a dividend of 0.2147 per share on Friday, May 29th. The ex-dividend date is Thursday, May 28th. This is a 5.0% increase from F/m 10-Year Investment Grade Corporate Bond ETF’s previous dividend of $0.20.

F/m 10-Year Investment Grade Corporate Bond ETF Trading Up 0.2%

F/m 10-Year Investment Grade Corporate Bond ETF stock opened at $50.55 on Thursday. F/m 10-Year Investment Grade Corporate Bond ETF has a 12-month low of $49.26 and a 12-month high of $52.15. The business’s 50-day moving average price is $50.58 and its two-hundred day moving average price is $51.11.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in F/m 10-Year Investment Grade Corporate Bond ETF stock. JPMorgan Chase & Co. bought a new stake in F/m 10-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTEN) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 931 shares of the company’s stock, valued at approximately $48,000. JPMorgan Chase & Co. owned about 0.17% of F/m 10-Year Investment Grade Corporate Bond ETF as of its most recent SEC filing.

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.