US Treasury 5 Year Note ETF (NASDAQ:UFIV) Announces Monthly Dividend of $0.14

US Treasury 5 Year Note ETF (NASDAQ:UFIV) declared a monthly dividend on Wednesday, January 28th. Shareholders of record on Thursday, January 29th will be given a dividend of 0.1434 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Thursday, January 29th. This is a 5.0% increase from US Treasury 5 Year Note ETF’s previous monthly dividend of $0.14.

US Treasury 5 Year Note ETF Stock Performance

Shares of UFIV traded down $0.09 during trading hours on Thursday, hitting $49.07. 6,629 shares of the company were exchanged, compared to its average volume of 11,649. The firm has a fifty day simple moving average of $49.34 and a 200-day simple moving average of $49.31. US Treasury 5 Year Note ETF has a one year low of $47.65 and a one year high of $49.74.

Hedge Funds Weigh In On US Treasury 5 Year Note ETF

An institutional investor recently raised its position in US Treasury 5 Year Note ETF stock. Huntington National Bank boosted its stake in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 30.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,467 shares of the company’s stock after buying an additional 573 shares during the period. Huntington National Bank owned about 0.27% of US Treasury 5 Year Note ETF worth $121,000 at the end of the most recent reporting period.

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.