US Treasury 5 Year Note ETF (NASDAQ:UFIV) to Issue Dividend Increase – $0.17 Per Share

US Treasury 5 Year Note ETF (NASDAQ:UFIV) announced a monthly dividend on Wednesday, August 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, August 27th will be given a dividend of 0.1691 per share on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Thursday, August 27th. This is a 6.4% increase from US Treasury 5 Year Note ETF’s previous monthly dividend of $0.16.

US Treasury 5 Year Note ETF Trading Down 0.4%

US Treasury 5 Year Note ETF stock traded down $0.19 during midday trading on Thursday, reaching $47.83. The stock had a trading volume of 1,441 shares, compared to its average volume of 7,258. The firm’s fifty day simple moving average is $48.08 and its two-hundred day simple moving average is $48.58. US Treasury 5 Year Note ETF has a twelve month low of $47.72 and a twelve month high of $49.74.

About US Treasury 5 Year Note ETF

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve. UFIV was launched on Mar 28, 2023 and is managed by US Benchmark Series.