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

US Treasury 3 Year Note ETF (NASDAQ:UTRE) declared a dividend on Monday, July 27th, NASDAQ Dividends reports. Shareholders of record on Tuesday, July 28th will be given a dividend of 0.1621 per share on Wednesday, July 29th. The ex-dividend date of this dividend is Tuesday, July 28th. This is a 6.0% increase from US Treasury 3 Year Note ETF’s previous dividend of $0.15.

US Treasury 3 Year Note ETF Stock Down 0.2%

UTRE stock traded down $0.10 during mid-day trading on Tuesday, reaching $48.83. 400 shares of the stock traded hands, compared to its average volume of 3,453. US Treasury 3 Year Note ETF has a 52 week low of $48.83 and a 52 week high of $50.09. The business has a 50-day moving average of $49.08 and a two-hundred day moving average of $49.46.

About US Treasury 3 Year Note ETF

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.