US Treasury 2 Year Note ETF (NASDAQ:UTWO) Raises Dividend to $0.16 Per Share

US Treasury 2 Year Note ETF (NASDAQ:UTWO) declared a dividend on Monday, July 27th, NASDAQ Dividends reports. Shareholders of record on Tuesday, July 28th will be given a dividend of 0.1588 per share on Wednesday, July 29th. The ex-dividend date is Tuesday, July 28th. This is a 4.0% increase from US Treasury 2 Year Note ETF’s previous dividend of $0.15.

US Treasury 2 Year Note ETF Stock Down 0.2%

Shares of US Treasury 2 Year Note ETF stock traded down $0.11 during trading hours on Tuesday, hitting $47.83. 126,293 shares of the company’s stock traded hands, compared to its average volume of 88,078. US Treasury 2 Year Note ETF has a twelve month low of $47.81 and a twelve month high of $48.70. The stock has a 50 day simple moving average of $48.02 and a 200-day simple moving average of $48.28.

US Treasury 2 Year Note ETF Company Profile

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.