US Treasury 7 Year Note ETF (NASDAQ:USVN) Plans Monthly Dividend of $0.15

US Treasury 7 Year Note ETF (NASDAQ:USVN) announced a monthly dividend on Wednesday, January 28th. Stockholders of record on Thursday, January 29th will be given a dividend of 0.1463 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Thursday, January 29th. This is a 0.8% increase from US Treasury 7 Year Note ETF’s previous monthly dividend of $0.15.

US Treasury 7 Year Note ETF Stock Performance

Shares of USVN stock traded down $0.08 during trading on Thursday, reaching $48.37. The company’s stock had a trading volume of 1,232 shares, compared to its average volume of 3,560. US Treasury 7 Year Note ETF has a one year low of $46.78 and a one year high of $49.26. The business has a fifty day moving average price of $48.72 and a 200-day moving average price of $48.65.

US Treasury 7 Year Note ETF Company Profile

The US Treasury 7 Year Note ETF (USVN) is an exchange-traded fund that is based on the ICE BofA Current 7-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 7-year US Treasury note. The fund is designed for those specifically required to track the 7-year tenor on the yield curve. USVN was launched on Mar 28, 2023 and is managed by F/m Investments.