US Treasury 3 Year Note ETF (NASDAQ:UTRE) to Issue Dividend Increase – $0.16 Per Share

US Treasury 3 Year Note ETF (NASDAQ:UTRE) announced a dividend on Wednesday, August 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, August 27th will be paid a dividend of 0.1639 per share on Friday, August 28th. The ex-dividend date of this dividend is Thursday, August 27th. This is a 1.1% increase from US Treasury 3 Year Note ETF’s previous dividend of $0.16.

US Treasury 3 Year Note ETF Price Performance

NASDAQ UTRE traded down $0.17 during trading hours on Thursday, hitting $48.85. 883 shares of the company were exchanged, compared to its average volume of 3,535. The company has a 50 day moving average of $49.00 and a two-hundred day moving average of $49.33. US Treasury 3 Year Note ETF has a 52-week low of $48.76 and a 52-week high of $50.09.

US Treasury 3 Year Note ETF Company Profile

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.