US Treasury 2 Year Note ETF (NASDAQ:UTWO) Announces Dividend Increase – $0.16 Per Share

US Treasury 2 Year Note ETF (NASDAQ:UTWO) announced a dividend on Wednesday, August 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, August 27th will be paid a dividend of 0.1641 per share on Friday, August 28th. The ex-dividend date is Thursday, August 27th. This is a 3.3% increase from US Treasury 2 Year Note ETF’s previous dividend of $0.16.

US Treasury 2 Year Note ETF Stock Down 0.3%

UTWO traded down $0.15 during trading on Thursday, hitting $47.86. The company’s stock had a trading volume of 130,455 shares, compared to its average volume of 86,662. The business’s 50 day simple moving average is $47.97 and its 200-day simple moving average is $48.19. US Treasury 2 Year Note ETF has a one year low of $47.77 and a one year high of $48.70.

About US Treasury 2 Year Note ETF

The US Treasury 2 Year Note ETF (UTWO) is an exchange-traded fund that is based on the ICE BofA Current 2 Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 2-year US Treasury note. The fund is designed for those specifically required to track the 2-year tenor on the yield curve. UTWO was launched on Aug 9, 2022 and is managed by F/m Investments.