US Treasury 7 Year Note ETF (NASDAQ:USVN) Trading Down 0% – Here’s Why

Shares of US Treasury 7 Year Note ETF (NASDAQ:USVNGet Free Report) were down 0% during mid-day trading on Thursday . The company traded as low as $48.34 and last traded at $48.40. Approximately 2,300 shares were traded during trading, a decline of 48% from the average daily volume of 4,400 shares. The stock had previously closed at $48.42.

US Treasury 7 Year Note ETF Stock Performance

The business has a fifty day simple moving average of $48.74 and a 200 day simple moving average of $48.63.

US Treasury 7 Year Note ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a $0.1452 dividend. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Tuesday, December 30th.

US Treasury 7 Year Note ETF Company Profile

(Get Free Report)

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.

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