US Treasury 3 Year Note ETF (NASDAQ:UTRE) Shares Down 0% – Here’s Why

Shares of US Treasury 3 Year Note ETF (NASDAQ:UTREGet Free Report) dropped 0% during trading on Wednesday . The company traded as low as $49.84 and last traded at $49.85. Approximately 1,410 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 2,703 shares. The stock had previously closed at $49.87.

US Treasury 3 Year Note ETF Trading Down 0.0%

The company has a fifty day moving average price of $49.89 and a 200 day moving average price of $49.68.

US Treasury 3 Year Note ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 4th. Investors of record on Monday, November 3rd were paid a dividend of $0.1354 per share. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Monday, November 3rd. This is an increase from US Treasury 3 Year Note ETF’s previous monthly dividend of $0.13.

About US Treasury 3 Year Note ETF

(Get Free Report)

The US Treasury 3 Year Note ETF (UTRE) is an exchange-traded fund that is based on the ICE BofA Current 3-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-year US Treasury note. The fund is designed for those specifically required to track the 3-year tenor on the yield curve.

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