US Treasury 7 Year Note ETF (NASDAQ:USVN) to Issue Dividend Increase – $0.16 Per Share

US Treasury 7 Year Note ETF (NASDAQ:USVN) announced a dividend on Wednesday, August 26th, NASDAQ Dividends reports. Investors of record on Thursday, August 27th will be paid a dividend of 0.1637 per share on Friday, August 28th. The ex-dividend date is Thursday, August 27th. This is a 8.4% increase from US Treasury 7 Year Note ETF’s previous dividend of $0.15.

US Treasury 7 Year Note ETF Stock Performance

NASDAQ USVN traded down $0.21 on Thursday, reaching $47.02. The company had a trading volume of 1,694 shares, compared to its average volume of 1,716. The business has a 50 day moving average of $47.30 and a two-hundred day moving average of $47.86. US Treasury 7 Year Note ETF has a fifty-two week low of $46.90 and a fifty-two week high of $49.29.

About US Treasury 7 Year Note ETF

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.