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 dividend on Wednesday, May 27th, NASDAQ Dividends reports. Investors of record on Thursday, May 28th will be paid a dividend of 0.151 per share on Friday, May 29th. The ex-dividend date is Thursday, May 28th. This is a 4.4% increase from US Treasury 7 Year Note ETF’s previous dividend of $0.14.

US Treasury 7 Year Note ETF Stock Performance

Shares of US Treasury 7 Year Note ETF stock opened at $47.69 on Thursday. US Treasury 7 Year Note ETF has a one year low of $47.10 and a one year high of $49.29. The stock’s 50-day moving average is $47.99 and its 200 day moving average is $48.48.

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.