US Treasury 3 Year Note ETF (NASDAQ:UTRE) Shares Up 0.1% – Here’s Why

US Treasury 3 Year Note ETF (NASDAQ:UTREGet Free Report) shares traded up 0.1% during mid-day trading on Wednesday . The company traded as high as $49.93 and last traded at $49.9250. 202 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 2,660 shares. The stock had previously closed at $49.88.

US Treasury 3 Year Note ETF Stock Up 0.1%

The company’s 50 day simple moving average is $49.90 and its 200 day simple moving average is $49.77.

US Treasury 3 Year Note ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Tuesday, December 2nd were given a $0.1316 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Tuesday, December 2nd.

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. UTRE was launched on Mar 28, 2023 and is managed by US Benchmark Series.

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