F/m 2-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTWO) Raises Dividend to $0.17 Per Share

F/m 2-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTWO) declared a monthly dividend on Monday, December 1st. Shareholders of record on Tuesday, December 2nd will be paid a dividend of 0.1717 per share on Wednesday, December 3rd. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Tuesday, December 2nd. This is a 1.2% increase from F/m 2-Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.17.

F/m 2-Year Investment Grade Corporate Bond ETF Price Performance

Shares of NYSEARCA:ZTWO opened at $50.92 on Tuesday. The firm has a fifty day moving average price of $50.88 and a two-hundred day moving average price of $50.75. F/m 2-Year Investment Grade Corporate Bond ETF has a one year low of $50.19 and a one year high of $51.05.

Hedge Funds Weigh In On F/m 2-Year Investment Grade Corporate Bond ETF

A hedge fund recently raised its stake in F/m 2-Year Investment Grade Corporate Bond ETF stock. Crews Bank & Trust boosted its holdings in F/m 2-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTWO) by 26.9% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,325 shares of the company’s stock after acquiring an additional 2,400 shares during the quarter. Crews Bank & Trust owned 0.42% of F/m 2-Year Investment Grade Corporate Bond ETF worth $576,000 at the end of the most recent reporting period.

About F/m 2-Year Investment Grade Corporate Bond ETF

The F/M 2-Year Investment Grade Corporate Bond Etf (ZTWO) 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 two years. ZTWO was launched on Jan 10, 2024 and is issued by F/m Investments.