F/m 3-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTRE) to Issue Monthly Dividend of $0.18

F/m 3-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTRE) announced a monthly dividend on Wednesday, January 28th. Stockholders of record on Thursday, January 29th will be paid a dividend of 0.18 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Thursday, January 29th.

F/m 3-Year Investment Grade Corporate Bond ETF Trading Down 0.3%

Shares of ZTRE stock traded down $0.16 on Thursday, hitting $51.21. The company’s stock had a trading volume of 695 shares, compared to its average volume of 3,784. F/m 3-Year Investment Grade Corporate Bond ETF has a fifty-two week low of $50.00 and a fifty-two week high of $51.46. The stock’s 50 day moving average is $51.27 and its 200-day moving average is $51.21.

Institutional Investors Weigh In On F/m 3-Year Investment Grade Corporate Bond ETF

A hedge fund recently raised its stake in F/m 3-Year Investment Grade Corporate Bond ETF stock. Crews Bank & Trust increased its stake in shares of F/m 3-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTRE) by 26.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,325 shares of the company’s stock after buying an additional 2,400 shares during the quarter. Crews Bank & Trust owned about 0.37% of F/m 3-Year Investment Grade Corporate Bond ETF worth $579,000 at the end of the most recent reporting period.

About F/m 3-Year Investment Grade Corporate Bond ETF

The F/M 3-Year Investment Grade Corporate Bond Etf (ZTRE) 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 three years. ZTRE was launched on Jan 10, 2024 and is issued by F/m Investments.