US Treasury 2 Year Note ETF (NASDAQ:UTWO) Increases Dividend to $0.14 Per Share

US Treasury 2 Year Note ETF (NASDAQ:UTWO) declared a monthly dividend on Wednesday, January 28th. Stockholders of record on Thursday, January 29th will be paid a dividend of 0.1377 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, January 29th. This is a 5.2% increase from US Treasury 2 Year Note ETF’s previous monthly dividend of $0.13.

US Treasury 2 Year Note ETF Stock Performance

NASDAQ:UTWO traded down $0.13 on Thursday, hitting $48.47. The stock had a trading volume of 98,011 shares, compared to its average volume of 81,164. US Treasury 2 Year Note ETF has a 1-year low of $47.98 and a 1-year high of $48.71. The company has a fifty day moving average price of $48.59 and a two-hundred day moving average price of $48.53.

US Treasury 2 Year Note ETF Company Profile

The US Treasury 2 Year Note ETF (UTWO) is an exchange-traded fund that is based on the ICE BofA Current 2 Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 2-year US Treasury note. The fund is designed for those specifically required to track the 2-year tenor on the yield curve. UTWO was launched on Aug 9, 2022 and is managed by F/m Investments.