US Treasury 7 Year Note ETF (USVN) to Distribute Dividend of $0.16 on August 28th

US Treasury 7 Year Note ETF (NASDAQ:USVN) declared a dividend on Wednesday, August 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, August 27th will be given a dividend of 0.1637 per share on Friday, August 28th. The ex-dividend date of this dividend is Thursday, August 27th. This is a 8.4% increase from US Treasury 7 Year Note ETF’s previous dividend of $0.15.

US Treasury 7 Year Note ETF Stock Performance

Shares of USVN opened at $47.02 on Friday. US Treasury 7 Year Note ETF has a one year low of $46.90 and a one year high of $49.29. The stock has a 50-day moving average of $47.29 and a 200-day moving average of $47.85.

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.