US Treasury 7 Year Note ETF (NASDAQ:USVN) Declares Monthly Dividend of $0.16

US Treasury 7 Year Note ETF (NASDAQ:USVN) declared a monthly dividend on Wednesday, February 25th. Investors of record on Thursday, February 26th will be given a dividend of 0.1568 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Thursday, February 26th. This is a 7.1% increase from US Treasury 7 Year Note ETF’s previous monthly dividend of $0.15.

US Treasury 7 Year Note ETF Stock Performance

USVN traded down $0.03 during trading on Thursday, reaching $49.09. 2,922 shares of the stock traded hands, compared to its average volume of 3,758. The stock’s 50-day moving average is $48.68 and its 200 day moving average is $48.75. US Treasury 7 Year Note ETF has a 12 month low of $47.17 and a 12 month high of $49.26.

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.