US Treasury 7 Year Note ETF (NASDAQ:USVN) Raises Dividend to $0.15 Per Share

US Treasury 7 Year Note ETF (NASDAQ:USVN) announced a monthly dividend on Wednesday, January 28th. Investors of record on Thursday, January 29th will be paid 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 Price Performance

US Treasury 7 Year Note ETF stock traded down $0.08 during midday trading on Thursday, hitting $48.37. 1,232 shares of the company’s stock were exchanged, compared to its average volume of 3,560. US Treasury 7 Year Note ETF has a 52-week low of $46.78 and a 52-week high of $49.26. The stock has a 50-day moving average price of $48.72 and a two-hundred 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.